Rebate Programs Aim to Speed Up Power Grid Upgrades, DOE Says

Aug. 1, 2023, 5:30 PM UTC

Energy efficient distribution transformers and other power grid components are eligible to apply for a piece of a $20 million federal rebate program aimed to speed up power grid upgrades, the Energy Department plans to announce Tuesday.

The funding, allocated by the bipartisan infrastructure law approved in 2021, will be distributed among two rebate programs, one focused on transformers and another on extended product systems that use equipment with electric motors, such as pumps, air compressors, and fans. The program comes as the energy industry grapples with delays in getting a supply of transformers that Biden officials say are crucial ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.