Publish Date: April 24, 2023
With the passage of the Infrastructure Investment and Jobs Act (IIJA) and the Inflation Reduction Act (IRA), funds are available to state, local, and tribal governments; electric utilities; businesses; schools; nonprofit organizations; households; and other entities for a variety of advanced energy infrastructure projects.
These laws provide grants, rebates, loans, and tax credits to support top energy priorities in Michigan, such as lowering energy bills, ensuring a reliable and resilient electric grid, and supporting the growth of advanced energy jobs. This analysis estimates that the economic impact of both laws combined will include $2.8 trillion in incremental economic activity, 23 million additional jobs, and $60 billion in annual consumer savings. This guide outlines key advanced energy programs in both bills, case studies specific to Michigan, as well as information about how to access the funds.
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