Wildfire and Grid Reliability Act

The Wildfire and Grid Reliability Act creates a new grant program administered by the Department of Energy to help electric utilities improve power grid safety and reduce wildfire risks. Eligible entities, including public, municipal, cooperative, and investor-owned utilities, can apply for funding to implement projects like undergrounding power lines, installing fire-resistant equipment, and deploying early detection technology. The bill requires recipients to match federal funds with their own contributions and mandates that at least 40% of grants go toward wildfire risk reduction, while 20% is reserved for smaller utilities serving fewer than 4 million megawatt-hours annually.