Advanced Energy United Reports

Unleashing Michigan's Advanced Energy Future: Federal Resources to Combat Inflation, Create Jobs, and Achieve Energy Independence

Written by Reports | Apr 24, 2023 8:13:55 PM

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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