From left to right: EEI Chief Communications Officer Emily Schillinger, Con Edison Vice President of Communications Carolyn Vadino, Con Edison New York President Matthew Ketschke, EEI President and CEO Drew Maloney, New York Stock Exchange Head of U.S. Listings Tara Dziedzic, EEI Senior Manager of Investor Relations Jacob Moshel, and EEI Executive Director of Government Affairs Kristen Siegele.

EEI President and CEO Drew Maloney, along with other EEI leaders and Con Edison New York President Matthew Ketschke, delivered an energy outlook for Wall Street investors on Thursday after ringing the Opening Bell at the New York Stock Exchange (NYSE).

“America’s investor-owned utilities are powering our nation. We are investing more than $1.1 trillion over the next four years in the energy grid to ensure adequate transmission and generation to meet the needs of America,” said Maloney on the floor of the NYSE ahead of EEI’s Wall Street Briefing. “We’re also seeing demand for more power. We are working closely with state and federal governments to ensure that we provide that power in an affordable and reliable way.”

Maloney and Ketschke were joined by NYSE Head of U.S. Listings Tara Dziedzic, EEI Chief Communications Officer Emily Schillinger, Con Edison Vice President of Communications Carolyn Vadino, and EEI Executive Director of Government Affairs Kristen Siegele as they rung the Opening Bell in celebration of EEI and its member companies delivering the energy of every day, and to recognize the more than 200-year legacy of Con Edison—the longest continuously listed company on the NYSE—serving New York City and the NYSE.

“If you think about the most important engine in America, it’s the electrical grid,” said Maloney. “If the electrical grid is not delivering power, America doesn’t work. We take that responsibility very seriously, and we want to ensure the affordability and reliability of the grid continue for the next 250 years.”

To learn more about how EEI and its member companies are providing the energy of every day and powering American innovation, visit EEI’s website.

On March 16, leaders of EEI member companies and International Brotherhood of Electrical Workers (IBEW) locals convened for the National Labor and Management Public Affairs Committee (LAMPAC) conference in Washington, D.C. 

During the conference, officials explored challenges and new opportunities facing the energy industry and its workforce. They also discussed how policies and regulatory support can drive energy infrastructure buildout as electric companies work to meet rising demand and connect large load customers to the grid. 

“The partnership between EEI and IBEW is essential to delivering reliable energy to the communities we serve across the nation,” said EEI President and CEO Drew Maloney during his opening remarks. “Ninety percent of EEI member companies’ organized labor are represented by the IBEW, and that partnership is foundational to our success.” 

“What an amazing time to be in the industry,” said IBEW Director of the Utility Department and National LAMPAC Co-President Drew Stover. “The buildout and expansion of our infrastructure and workforce ahead of us is like nothing we have seen in decades.” 

Powering Partnerships 

The first panel, “Powering Leadership and Partnerships in the Industry,” highlighted the top priorities for America’s electric companies and their workforce and reinforced the value of a strong labor-management partnership. Maloney moderated a panel featured EEI Chair and Exelon President and CEO Calvin Butler; Ameren Corporation Chairman, President and CEO Marty Lyons; IBEW International President Kenny Cooper; and IBEW International Secretary-Treasurer Paul Noble. 

When Butler was serving as president of Baltimore Gas and Electric, an Exelon subsidiary, he worked on union negotiations with Cooper, who was IBEW Vice President of the Fourth District at that time. 

“We wanted the best for our employees, our company, and our communities. When you get through all the noise, that was at the core of what was driving us and has guided our relationship,” Butler said. 

“It’s not how we agree that matters; it’s how we disagree,” Cooper said. “Most of the time, we find common ground.” 

Lyons applauded IBEW workers’ efforts to help with recovery efforts after a major storm hit communities served by Ameren last year. 

“The partnership we had with IBEW is fantastic. Last year, we had a tornado come through downtown St. Louis. When you saw the devastation this tornado left, it looked like a war zone,” Lyons said. “We had 3,000 folks come out to help with recovery. We deployed $100 million over the course of eight days. We got customers restored … at the end of the week, I was truly emotional seeing what our crews were able to do.” 

“We’re better together,” Noble agreed, “and we can accomplish a lot more together than if we go alone.” 

To learn more about National LAMPAC, visit its website. 

2026 LAMPAC Awards 

Each year, the John D. Dingell Award and the Edwin D. Hill Award are presented during the LAMPAC Award Ceremony. This year, EEI and the IBEW presented the first Edwin D. Hill Award to Ameren Missouri and IBEW Local 1439 for their partnership to advance economic development in the communities they serve. Learn more about Ameren Missouri and IBEW Local 949’s initiative. 

The second Edwin D. Hill Award was presented to Alliant Energy, IBEW Local 949, and IBEW Local 204 for their work to educate voters about a proposed ballot initiative that jeopardized union jobs and energy reliability for customers. Learn more about Alliant Energy and IBEW Locals 949 and 204’s efforts. 

The John D. Dingell Award was presented to Senators Susan Collins (R-ME) and Jack Reed (D-RI) in recognition of their steadfast support for the Low Income Home Energy Assistance Program (LIHEAP). Learn more about Senators Susan Collins (R-ME) and Jack Reed's (D-RI) work to champion LIHEAP. 

Scroll through the photo gallery below.

More than a decade ago, the attack on Ukraine’s energy grid felt like a surprising watershed, proof that cyber operators could reach through keyboards to shut off the lights. This marked a shift into a new phase of geopolitical conflict: one defined by cyber-attacks manifesting physical world effects, particularly against critical infrastructure. Since 2015, there have been ransomware attacks against major oil systems, healthcare systems, and water systems in the United States and across the globe. Cyber criminals are conducting reconnaissance and pre-positioning for future operations, and are coordinating actions on a larger scale, like the recent cyber-attack against Poland’s energy sector. 

Today, the threat to critical infrastructure, particularly in the United States, remains a top priority for industry and government. Adversaries are more patient, better resourced, and increasingly exploring how to enhance their attacks using advanced AI capabilities. Many critical infrastructure operators also are working to integrate AI technologies into their cyber defense plans and operations. The race between defenders and attackers is on and it is unclear what side will win. 

One key to successfully protecting the nation’s critical infrastructure is to establish and sustain intra-sector, inter-sector, and public-private partnerships. These distinct partnership types can help organizations operating and supporting critical infrastructure effectively and efficiently prepare for, respond to, and recover from cyber-attacks.

Intra-sector partnerships are perhaps the most efficient and effective approaches given an industry’s relatively shared threat landscape, security tool usage, and operational risks. When organizations within a critical sector share threat intelligence on potential or actual cyber-attacks, the entire industry can strengthen resilience to prevent threat actors from successfully scaling their attacks. Within the electric power sector, the Cyber Mutual Assistance (CMA) Program serves as a decades-long proven model of collective defense. Following the 2015 attack on Ukraine’s electric grid, a group of CEOs within the Electricity Subsector Coordinating Council (ESCC) convened to discuss ways to prevent a similar outage, and CMA was born. Today, CMA is a group of security experts representing more than 210 electric and natural gas entities that stand ready to provide mutual assistance in the event of a significant cyber incident. This kind of support is vital in a shifting threat landscape where it is increasingly difficult for a single organization to defend itself against a growing number of malicious actors. 

In addition to mutual assistance, it’s important for organizations within a sector to participate in joint exercises that challenge assumptions, strengthen relationships, and build resilience. For example, the Electricity Information Sharing and Analysis Center hosted its eighth biennial GridEx exercise. This cyber and physical security exercise convened thousands of experts from across the electric power industry and government partners to assess and improve their responses to simulated attacks on the energy grid. GridEx helps to inform organizational planning and budget priorities that can strengthen the overall resilience of the U.S. energy grid.

Inter-sector partnerships are a natural expansion from those within an industry. No critical infrastructure sector has a monopoly on security threats or the experts to help defend against them, and many facets of U.S. critical infrastructure are interconnected and interdependent. As Volt and Salt Typhoon revealed, threat actors aim to burrow into multiple critical sectors with the goal of having the ability to disrupt U.S. economic and national security. Therefore, it’s imperative to work across sectors to better understand how adversaries are targeting critical infrastructure and to better strengthen it. 

Another recent example is the 2024 CrowdStrike outage that made computers inoperable in organizations across the transportation, financial, and healthcare sectors. 

Finally, critical industries and government must renew their commitment to public-private partnerships. The Department of Homeland Security Cybersecurity and Infrastructure Security Agency launched the Joint Cyber Defense Collaborative in 2021 to unify public and private sector cyber defenses through real-time, bi-directional intelligence sharing operational planning. Two years later, the Department of Energy piloted the Energy Threat Analysis Center (ETAC) to fuse industry data with government intelligence so cyber defenders can identify, analyze, and mitigate threats together. ETAC experts from public power utilities, electric cooperatives, investor-owned electric companies, and oil and natural gas entities analyze threat intelligence in real time, assess potential impacts to the energy sector, and develop risk mitigations that are broadly shared by Information Sharing and Analysis Centers to energy providers across the country. These examples of public-private partnerships leading to operational collaboration can be extrapolated across other critical sectors.

America’s adversaries are constantly enhancing their cyber-attacks and increasingly looking for ways to compromise critical infrastructure. We must continue to meet these challenges head on by leveraging intra-sector, inter-sector, and public-private partnerships. Cyber resilience is the goal; partnership is how we achieve it.
 

LIHEAP provides federal assistance to qualifying customers to help cover their heating and cooling expenses—as well as other costs associated with home energy bills, energy crises, weatherization, and minor energy-related home improvements. 

This event, hosted annually by the National Energy and Utility Affordability Coalition (NEUAC), drives important customer-focused policy discussionss. 

For more than 40 years, LIHEAP has effectively assisted families and provided consistent benefits that relieve the energy burden on the most vulnerable Americans. America’s electric companies, NEAUC, and other program advocates remain committed to supporting LIHEAP and working with lawmakers to maximize federal funding. 

In addition to advocating for LIHEAP funding, electric companies are working at the state level to streamline the process for connecting eligible customers to LIHEAP resources and other assistance programs in their communities. 

Five things to know about LIHEAP: 

• Nearly 6 million households across the United States receive assistance from LIHEAP.
• The majority of households that receive LIHEAP support have an annual income below $20,000.
• Only 1 in 7 families eligible for LIHEAP aid actually receives it, which is why electric companies work to help customers understand eligibility.
• More than 2 in 5 LIHEAP households include a person who is at least 60 years old.
• 7 in 10 households helped by LIHEAP are home to a child younger than 6 years old, an elderly resident, a veteran, or someone with a disability. 

Join us to #ProtectLIHEAP by telling your elected officials in Congress to maximize funding for this critical program. 
 

Left to right: NARUC President Ann Rendahl, NCTA President and CEO Cory Gardner, EEI President and CEO Drew Maloney, NRECA CEO Jim Matheson, American Water Executive Vice President and Chief Operating Officer Cheryl Norton, AGA President and CEO Karen Harbert, Florida Commissioner Mike La Rosa.

Industry-government coordination was front and center during the National Association of Regulatory Utility Commissioners (NARUC) Winter Policy Summit in Washington, D.C., in early February.

Only two weeks on from Winter Storm Fern, a historic winter weather event that impacted more than 200 million Americans and prompted the largest mutual assistance activation the United States had seen since Superstorm Sandy, mutual assistance and storm response were fresh on the minds of the of state commissioners, federal officials, electric company leaders, and other stakeholders who attended the annual gathering.

“The effort and the coordination among federal, state, local officials, our members, working across the industry, was amazing,” EEI President and CEO Drew Maloney said during a panel discussion, highlighting the significance of pre-positioning crews and resources “days before the storm hit.”

More than 65,000 workers from America’s electric companies braved frigid and hazardous conditions to restore power to impacted communities. The scale of this effort required regular and close communication with a range of stakeholders, Maloney said, highlighting industry coordination through the CEO-led Electricity Subsector Coordinating Council (ESCC) and regional mutual assistance groups, which was critical to ensuring a safe and efficient response.

“The grid is the most important engine in America. If the grid doesn’t work, America doesn’t work,” Maloney said, noting that companies are actively investing to make the grid more resilient to threats like winter storms. “Our members will be investing more than $1 trillion in the coming years to make it more reliable, more resilient, and more affordable.”

Industry response to Fern was a driver of conversation throughout the NARUC summit. During a separate keynote, Under Secretary of Energy Alex Fitzsimmons, director of the Office of Cybersecurity, Energy Security, and Emergency Response, highlighted the federal government’s work through the ESCC to ensure crews and resources deployed to the areas that needed them most.

“The bulk power system held up, and we should be proud of that. We all should be proud of that effort,” Under Secretary Fitzsimmons told the NARUC audience.

Now two weeks on from a historic winter weather event that blanketed more than 200 million Americans in ice, snow, and frigid temperatures, industry and government leaders have been outspoken about the importance of close and regular communication ahead of and during Winter Storm Fern.

“Before the winter storm began, through the mutual assistance program run through the Electricity Subsector Coordinating Council (ESCC), we had 65,000 utility workers ready to go, not just to make repairs in their own service territories, but across the entire affected area,” Deputy Secretary of Energy James Danly during a recent press briefing.

Deputy Secretary Danly noted that “we had crews moving from state to state offering assistance,” which is why workers were able to respond so quickly to “a peak of just about 1 million outages.”

“The bulk power system held up, and we should be proud of that. We all should be proud of that effort,” Acting Under Secretary of Energy Alex Fitzsimmons, director of the Office of Cybersecurity, Energy Security, and Emergency Response, said during a keynote address at the National Association of Regulatory Utility Commissioners (NARUC) Winter Policy Summit.

Under Secretary Fitzsimmons stressed the “strong partnerships” the federal government maintains through the ESCC that helped facilitate response to a storm that impacted more than 200 million Americans.

““The effort and the coordination among federal, state, local officials, our members, working across the industry, was amazing,” EEI President and CEO Drew Maloney said during a NARUC panel discussion.

Tens of thousands of workers from at least 44 states were active throughout the Southeast and Mid-Atlantic in recent weeks, working through snow and ice to perform damage assessments and begin restoration work when it was safe to do so.

“The impact from this storm cannot be overstated, and the industry’s response in the wake of Fern was extraordinary,” EEI Senior Vice President for Energy Security and Industry Operations Scott Aaronson said during a recent United States Energy Association briefing. “There is a culture of mutual assistance in this industry.”

Aaronson noted that the energy industry was working “in lockstep, from the earliest stages of the storm,” with the federal government and with state and local partners to ensure an efficient restoration process. He stressed that cross-industry partnerships are vital to restoring power to customers.

Aaronson also underscored how EEI member companies’ investments in grid resilience and smart grid technologies—in part to meet growing energy demand from AI, data centers, and the onshoring of manufacturing—enabled a faster restoration process.

“This forward planning has allowed us to better meet growing demand, and also to lessen the impact of and quickly respond to extreme weather events,” he said. “Resilience investments matter.”

In a new, wide-ranging, on-camera interview with the Washington Examiner, EEI President and CEO Drew Maloney called on Congress to streamline siting and permitting processes, which he said would “go right at the affordability issue” for customers.

“In order for us to maintain our global competitiveness, we have to be able to build generation and transmission faster than we do today,” Maloney said. “The cost imposed by permitting delays and litigation puts too much on the customer. We need [reform], and we need it as soon as possible.”

Maloney estimates red tape adds up to 25 percent to the cost of building new energy infrastructure. It also inhibits America’s global competitiveness, he said, noting that “China can build a power plant in one to two years, and it takes us more than a decade.”

Maloney also discussed the findings of a new study from Charles River Associates, which analyzed historical government data and found that electricity rates have tracked at or below inflation in 34 states during the past five years. It also found that data centers have not been a driver of rate increases in states outside of the PJM Interconnection in the Mid-Atlantic.

“Data centers really aren't driving the cost. There’s a lot of long-term planning that you see in some states—you've got it in Georgia and Louisiana, Mississippi—where they can save billions of dollars for customers over the time of the investment in the data center,” Maloney said.

Among other topics discussed:

On lowering costs for customers:

“Electric companies every day are working with their customers to identify more efficiencies in the system, whether it's grid-enhancing technologies that lower costs, software development that can ensure power is well balanced in the system.”

On partnerships with data centers:

“What these large load agreements are trying to do is protect customers. They're requiring the data centers to fund their interconnection, fund upgrades to the grid, and ultimately benefit the customer. If you look at a lot of the recent announcements that we've seen, the benefits to customers, the benefits to the local tax base are in the billions of dollars. Over the long term, this is a win-win for the communities, for the electric companies, for the customers, because we're going to get a more resilient grid.”

On permitting reform prospects:

“I think now is the time. There is a recognition that, in order for us to maintain our global competitiveness, we have to be able to build generation and transmission faster than we do today. It's the only way to address the real affordability problem, because the cost imposed by permitting delays and litigation puts too much on the customer.”

On the industry’s commitment to resilience:

“The grid is the most important engine in America. If the grid doesn't work, America doesn't work. And it requires investment. That's why you're going to see America's electric companies invest more than $1 trillion during the next four years—to make sure that the grid is reliable and as affordable as possible every single day.”

On response to Winter Storm Fern:

“You saw 65,000 lineworkers come from around the country to go down to the Southeast to work through two inches of ice to try to get wires back up and running, cut trees down, and work through the night to make sure that people had power back at their houses. That’s what we do in this industry. We pitch in. We ensure that the grid—which is the economic and, I would argue, national security backbone of the country—is always up and running.”

On electricity rate stability:

“What most people don't understand about electricity rates is they are really set at the state level. You have to look at the state averages, and there are some states—on the West Coast, especially California, and also New England and New York—that have disproportionately skewed the national average.”

On the importance of an all-of-the-above energy approach:

"We need all of the above. You look at a state like Iowa—a large percentage of their power comes from wind. Texas has a good mix of wind and solar. You see during a storm like Fern, where we became very reliant on fossil fuel as sort of base load—you need that, too. We need more nuclear. We need it all. We support it all, and, as we say, we need as many electrons on the grid as possible right now."

Americans’ electric bills have been widely protected from increases related to data center development, according to a new study from Charles River Associates (CRA) that shows average retail electricity rates have largely tracked with inflation during the past 10 years.

The report compiled data from the U.S. Energy Information Association and Federal Energy Regulatory Commission and found that while electricity rates vary widely by geographic location, “for most customers, rates have been largely stable.” Where rates did increase, “the timing and location of the rate increases that were observed are not consistent with the timeline of data center development.”

“This analysis underscores the important work America’s electric companies do every day to keep electricity reliable and make bills as low as possible,” said Drew Maloney, EEI President and CEO. “While CRA’s report makes clear that our industry is making good progress for most of the country, we also understand we have more work to do as we serve American families and local businesses.”

Among the report’s key findings:

• There is not a broad, national trend toward rising rates, which means some of the data driving national narratives are “misleading or misinterpreted.”
• In a handful of locations, rates have risen in recent years, driven by external drivers and operating expenses such as wholesale price increases, wildfire spending, and net energy metering programs.
• With the exception of some areas served by the PJM Interconnection, data centers are not driving up rates. New data center tariffs and agreements will insulate existing customers from the costs of serving data centers.

America’s investor-owned electric companies have been working with hyperscalers, regulators, and state and local officials to implement special tariffs that protect residential customers while ensuring large customers pay their fair share to access the grid. To date, 18 states have approved large load tariffs, with decisions pending in another 8 states.

Outside of the PJM Interconnection, customers have largely been protected from cost increases related to data centers. EEI and its member companies have long called for reform to PJM that would improve accountability and transparency, proactive resource planning, and procurement flexibility. EEI supported the January announcement from President Donald Trump and a bipartisan group of governors from states served by PJM calling for an emergency auction to require technology companies to fund new electricity generation needed to serve growing data center demand.

Read the full study here, and learn more about how electric companies are delivering value for customers at eei.org/affordability.

The electric power industry in January activated its largest mutual assistance effort since Hurricanes Helene and Milton in 2024.

More than 65,000 workers from at least 44 states deployed in response to Winter Storm Fern, according to EEI. The storm brought frigid arctic air, heavy snowfall, and icy conditions to more than 200 million Americans.

Through the CEO-led Electricity Subsector Coordinating Council, EEI and industry leaders coordinated with the highest levels of government, including at the U.S. Departments of Energy and Homeland Security, to ensure unity of effort in responding to the storm and restoring power to impacted communities.

EEI recently joined the American Public Power Association and the National Rural Electric Cooperative Association in issuing a joint press release highlighting the breadth of industry response, explaining the mutual assistance process, and outlining how electric companies partner during extreme weather to keep customers safe.

Read the full release below, and visit eei.org for the latest updates on Winter Storm Fern.

More than 65,000 workers from 43 states have been mobilized and are assessing damage and restoring power where it is safe to do so. That’s comparable to the historic response and recovery efforts seen during Hurricanes Helene and Milton in 2024.

“America’s electric companies are really well positioned to deal with this,” EEI President and CEO Drew Maloney said Monday morning on CNBC’s “Worldwide Exchange.”

Maloney highlighted the planning that began last week with the highest levels of industry and government, including with senior Administration officials, the Federal Emergency Management Agency, the U.S. Departments of Energy and Homeland Security, and dozens of state and local leaders, to ensure unity of effort in impacted communities.

“It’s really a unified effort,” Maloney said. “I think it’s really important for everyone to understand the coordination with federal, state, and local officials … to get power up as quickly as possible during this historic ice storm.”

While ice poses unique challenges to restoration, tens of thousands of lineworkers are braving frigid conditions across several states and will continue working around the clock to ensure power is restored to everyone who is able to receive it.

Watch Maloney’s full interview below, and visit the EEI Storm Center for the latest storm updates.