Electrical poles of high voltage in blue sky

Statement: Utilities Leverage DOE Loans To Build a Resilient Grid and Save Customers Millions
Washington, DC, December 17, 2024 – Today, the Department of Energy (DOE) announced conditional commitments for a loan guarantee for two utilities towards energy infrastructure improvements.
In response, electric sector expert Uday Varadarajan with the non-partisan group RMI released the following statement:
Today’s announcements highlight what smart, efficient investments can do for our nation’s utility customers. We are wasting a ton of money and energy when we fail to reinvest in our infrastructure — and in the communities that keep it running. By supporting projects that invest in workers and communities, these utilities are building a more reliable and resilient electric grid while saving their customers money.
For media inquiries please contact:
Leah Komos, leah.komos@rmi.org
About RMI
Rocky Mountain Institute (RMI) is an independent, nonpartisan nonprofit founded in 1982 that transforms global energy systems through market-driven solutions to secure a prosperous, resilient, clean energy future for all. In collaboration with businesses, policymakers, funders, communities, and other partners, RMI drives investment to scale clean energy solutions, reduce energy waste, and boost access to affordable clean energy in ways that enhance security, strengthen the economy, and improve people’s livelihoods. RMI is active in over 60 countries. More information on RMI can be found at www.rmi.org or follow us on LinkedIn @RMI.