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What is Infrastructure Investment and Jobs Act (IIJA)?
IIJA is a once-in-a-generation $1.2 trillion bipartisan infrastructure funding opportunity focused on building resilient infrastructure, accelerating an equitable, clean energy transition and creating good-paying jobs in communities. ¾Åß[’s IIJA investment opportunities reflect the intersection of federal priorities, state objectives and ¾Åß[’s commitment to ensure a clean energy future is accessible to all communities.
More specifically, proposed projects include a community innovation hub, battery-backed community microgrids, deployment of smart meters and improving grid resilience in under-resourced communities. Communities that would benefit from the projects include Baltimore and nearby suburbs, Chicago and Northern Illinois, the Greater Philadelphia region, parts of Delaware and New Jersey, and Washington, D.C.
Specific potential benefits:
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100 Communities and Community-based Organizations
Partnering with under-resourced, to deliver grid resilience and grid readiness benefits and advance diversity and quality jobs in our communities
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7,800 Potential Jobs
Jobs created in the communities in which ¾Åß[ serves
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25 Universities and Educational Institutions
Advance workforce development and other clean energy-related programs and initiatives
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¾Åß[ applications for funding through the Infrastructure Investment and Jobs Act (IIJA)
¾Åß[ and its six utilities are actively exploring opportunities to apply for Infrastructure Investment and Jobs Acts (IJA) grants to support clean energy projects throughout our company's jurisdictions. lIJA's added momentum to the clean energy transition will help ¾Åß[ better serve our customers and communities - through our commitment to providing cleaner, safer, more reliable and affordable energy, as well as innovative new approaches to curbing climate change and promoting sustainable job growth in a diverse array of competitive fields.
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Infrastructure Investment and Jobs Act
TheÌýInfrastructure Investment and Jobs ActÌý(IIJA) – a.k.a the Bipartisan Infrastructure Law (BIL) was signed into law on November 15, 2021.ÌýIIJA is an unprecedented investment in our nation's infrastructure, a focus on value, social equity, climate resilience and sustainability.ÌýDriving this kind of change and meeting America’s infrastructure challenges means IIJA has more breadth and complexity than any other federal infrastructure bills in the last 50 years.
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¾Åß[ Seeks Infrastructure Funding in Push to Lead Equitable Energy Transformation for Customers and Communities
¾Åß[ (Nasdaq: EXC) today marked a milestone in the company’s efforts leading the energy transformation, finalizing its applicationsÌýto bring federal funds through the bipartisan Infrastructure Investment and Jobs Act (IIJA) to the communities the company serves. The opportunities put forth through the Department of Energy’s (DOE) Smart Grid and Grid Resilience Grants will significantly improve grid resilience and readiness for clean energy infrastructure.
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¾Åß[ (Nasdaq: EXC) today marked a milestone in the company’s efforts leading the energy transformation, finalizing its applicationsÌýto bring federal funds through the bipartisan Infrastructure Investment and Jobs Act (IIJA) to the communities the company serves. The opportunities put forth through the Department of Energy’s (DOE) Smart Grid and Grid Resilience Grants will significantly improve grid resilience and readiness for clean energy infrastructure.
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