EEI’s member companies are leading the clean energy transformation. We are united in our commitment to get the energy we provide as clean as we can as fast as we can, without compromising on the reliability or affordability that are essential to the customers and communities we serve. Today, carbon emissions from the U.S. power sector are as low as they were in 1984, while electricity use is up 72 percent since then. (Learn more about this clean energy transformation.)

Going forward, electric companies will continue to make significant carbon reductions. While the Infrastructure Investment and Jobs Act was a down payment on transformational change for America’s infrastructure, much more is needed to achieve our vision for a clean energy future.

“Today, we have a once-in-a-generation opportunity to supercharge our member companies’ already-impressive track record on building this clean energy future,” EEI Chief Strategy Officer and Executive Vice President of Public Policy and External Affairs Brian Wolff writes in the latest issue of Electric Perspectives.

“The budget reconciliation package that Congress is revisiting contains critical clean energy tax credits. Passage of these tax credits remains a top priority for our industry. If the credits are designed appropriately, they will be the largest down payment on climate that we have ever made as a country.”

Passage of a robust clean energy tax package will be a key driver for the deployment of clean energy and carbon-free technologies over the next decade and can help us reach a clean energy future faster. The tax package now being considered by Congress will provide significant long-term benefits to electricity customers by spurring innovation and helping to keep electricity costs affordable, while also creating new jobs. It also will help to preserve the existing nuclear fleet, which is critical to ensuring that electric companies’ new clean energy deployments deliver additional emissions reductions.