how do we solve that problem. when you find yourself in the hole stop digging. take the shuffle away from the e.p.a. making decisions that close power plants and not replacing that generating capacity with additional plants. hard to building is in the country these days. at a point reducing supply. the permitting policy doesn t allow us to build new resources. bret: the democratic representative believes additional funding is needed for grid improvements. bret: was there any electrical grid improvements in the infrastructure bill. well, there s a lot of money for some resilience and where you are hardening the grid to allow it more survive more extreme weather event. bret: the biden administration says billions from the infrastructure law would be dedicated updating the grid and updating transmission lines with an emphasis on clean energy. but industry leaders say some regulations are making it difficult to get those projects
Duke Energy has asked North Carolina regulators to approve rate increases totaling 16% over three years for customers of its Duke Energy Progress unit, in eastern North Carolina and the Asheville area. Duke says the extra money would pay to strengthen the electric grid, improve reliability and prepare for more renewable energy.
Duke Energy has asked North Carolina regulators to approve rate increases totaling 16% over three years for customers of its Duke Energy Progress unit, in eastern North Carolina and the Asheville area. Duke says the extra money would pay to strengthen the electric grid, improve reliability and prepare for more renewable energy.
more and more american households. reporter: the infrastructure bill has some $65 billion ear marked for grid improvements and renewable energy, but it s the reconciliation bill that extends federal tax credits at 30% for a decade. credits that enabled hazlett s investments in the first place. would this have been feasible for you without all of these tax credits? no, without the tax credit, i wouldn t have been able to afford it. reporter: for hazlett, the window to act before the next devastating event is cracked open right now. it makes a difference. when you know you live in a place where that s going to happen, it kind of made sense to be prepared. reporter: jose, of the $65 billion ear marked in the infrastructure bill, $5 billion would go to state governments to coordinate with solar sector stakeholders to improve the grid. because as we ve learned this valuable lesson over and over again, it s not a question of if, but when, especially with climate change superchargin