$500 million in energy infrastructure funding coming for Georgia projects

Temperatures in the 90s are expected through the Independence Day weekend, sending air conditioners into overdrive as they fight to overcome the heat and humidity. (Pixabay)

Georgia’s energy infrastructure is set to see half a billion dollars worth of upgrades and investment. The funding is focused on projects that serve rural and low-income communities around the state.

The U.S. Department of Energy is granting $250 million to Oglethorpe Power and other partners in Georgia, which are matching that funding to improve reliability and support renewable energy development.

The bottom line is moving from the state from a 20th-century grid to a 21st-century grid, said U.S. Senator Jon Ossoff.



“The efficiency and the technological sophistication and the quality of the hardware in our grid directly impact our energy security, our energy independence, our environmental future and the costs that families and businesses pay to access energy,” Ossoff said.

The money comes from the Bipartisan Infrastructure law that passed a couple of years ago. Between that and the Inflation Reduction Act, Georgia is seeing more money coming in to spend on energy projects.

Hunter Hill, executive director of the Georgia Environmental Finance Authority, said this round of funding should eventually help people with their electricity costs.

“It lowers energy bills for low and low and moderately low-income communities who don’t often get that infrastructure investment in their communities,” he said.

Hill said improving the grid is also vital for economic growth in the state.