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America's Electric Companies Are Leading on Clean Energy
America's Electric Companies Are Leading on Clean Energy

April 2023
EEI and our member companies—America’s investor-owned electric companies—remain focused on ensuring that customers have the energy they need when and where they need it, affordably and reliably, as we work to get this energy as clean as we can as fast as we can. Thanks largely to the clean energy leadership of EEI’s member companies, carbon emissions from the U.S. electric power sector today are as low as they were almost 40 years ago, while electricity use has climbed 73 percent since then. Already, 50 EEI member companies have announced ambitious emissions reduction commitments, 41 of which aim for net-zero or equivalent by 2050 or sooner.
Over the past two years, Congress has passed historic legislation that will help deliver resilient clean energy across our economy. The Bipartisan Infrastructure Law provides significant research, development, demonstration, and deployment funding for new clean energy technologies and support for the infrastructure that will be needed to achieve our net-zero goals. In addition, the almost $272 billion clean energy tax package included in the Inflation Reduction Act (IRA) will provide critical cost savings directly to our customers.
A persistent challenge to deploying more clean energy is the current inefficient siting and permitting process for critical energy infrastructure. To maximize the funding provided by the Bipartisan Infrastructure Law and IRA and to facilitate investment in much-needed energy infrastructure, EEI is advocating for a coordinated, consistent, and efficient siting and permitting regulatory framework.
Read on to find key facts about the clean energy transformation. Visit EEI’s clean energy and climate change webpage for company highlights, a map that links to EEI member companies’ clean energy commitments, and much more. Follow the clean energy conversation on social media: #Committed2Clean®.