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The energy policy transition from the Biden to Trump Administration began decisively on January 20, 2025, with sweeping Executive Orders, funding pauses, and programmatic shifts that carry wide-reaching implications for nearly all of our stakeholders.
At this time last year, our mid-year review noted that we were in the “middle of a marathon.” Today, a year later, we believe we’re still in that marathon, but now with more clarity on the path ahead than at any point since the 2024 election. And as with any marathon, the key to success is steady, determined progress to the finish line.
The passage of the One Big Beautiful Bill represents a new chapter for many of the projects we’ve been supporting. We're beginning to see which priorities will move forward in the coming years, and with that insight we are preparing accordingly.
BEL has navigated over a decade of political transitions in Washington, and we’re prepared for decades more. This long view has allowed us to focus on durable solutions—initiatives that are grounded in broad, bipartisan support. Beneficial electrification, which improves quality of life, reduces consumer costs, improves environmental performance, and strengthens the electric grid, has been a cornerstone of American progress for over a century.
Today we are supporting more than $40 billion in electric infrastructure projects, and efforts we have championed for the past three years are finally advancing with momentum. From grid resilience and economic development in Appalachia and rural communities to electrification of homes and industry, we remain fully committed to pushing forward this critical national agenda.
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