Wisconsin Assembly Bill AB823

Wisconsin 2023-2024 Regular Session

• Introduced: 12/22/23
• Refer: 12/22/23
• Failed: 4/15/24

Caption

The Energy Innovation Grant Program and making an appropriation. (FE)

Impact

The introduction of AB823 signifies a legislative intent to prioritize energy innovation at the state level. By establishing a stable funding source, the bill is expected to encourage various stakeholders, including businesses and local governments, to engage in projects that enhance energy efficiency and innovation. This could lead to broader economic benefits, such as job creation in the energy sector and advancements in sustainable energy practices, which align with national environmental goals.

Summary

Assembly Bill 823 establishes the Energy Innovation Grant Program (EIGP) in Wisconsin, aiming to financially support projects focused on energy efficiency and innovation. The bill proposes an appropriation of $10 million from general purpose revenue for each year of the 2023-25 fiscal biennium, which will allow the program to continue functioning. Previously, the EIGP was primarily funded by federal sources, specifically from the 2009 American Recovery and Reinvestment Act, but this bill aims to create a consistent state-level funding mechanism for energy-related initiatives.

Contention

While the bill appears to be well-supported by its sponsors, the focus on state funding amidst ongoing discussions of budget constraints may raise questions about its long-term effectiveness and financial sustainability. Critics might argue that relying on state revenue could limit the scope of what projects can be funded compared to previous federal grants, potentially restricting innovation to projects deemed most beneficial or easily quantifiable. The allocation of funds and the criteria for grant approval may also be points of debate as stakeholders advocate for differing priorities in energy innovation.