With more than a trillion dollars designated from the Infrastructure Investment and Jobs Act (IIJA) starting to hit the wider economic field, HVAC contractors and the utility industry should be aware of how to cash in.

Many businesses can now perform the traditional functions of an electric utility — provide affordable, reliable, resilient power to homes and businesses. The barriers to entry in the business have fallen. For instance, a home with rooftop solar panels, batteries, and gas-based generators may choose to be grid-independent. Even when homes decide to remain grid-tied, utilities face falling demand and revenue, and the possibility of future grid-defection. Further, competing electricity solutions can emerge quickly, and not one-home-at-a-time — microgrids can offer community, village, or campus-level solutions.

Days before Saint John council passed a motion to ensure Saint John Energy could not be sold, the Ontario cities of Peterborough and Orillia both got approval to sell their municipally owned power distribution companies.

The latest crop of utility participants includes NRG Energy, Cleco Corp., Entergy, Louisville Gas & Electric/Kentucky Utilities, AEP’s distributed energy ventures group AEP OnSite Partners and Hindustan Power from India.

The latest crop of utility participants includes NRG Energy, Cleco Corp., Entergy, Louisville Gas & Electric/Kentucky Utilities, AEP’s distributed energy ventures group AEP OnSite Partners and Hindustan Power from India.

The latest crop of utility participants includes NRG Energy, Cleco Corp., Entergy, Louisville Gas & Electric/Kentucky Utilities, AEP’s distributed energy ventures group AEP OnSite Partners and Hindustan Power from India.

Many businesses can now perform the traditional functions of an electric utility — provide affordable, reliable, resilient power to homes and businesses. The barriers to entry in the business have fallen. For instance, a home with rooftop solar panels, batteries, and gas-based generators may choose to be grid-independent. Even when homes decide to remain grid-tied, utilities face falling demand and revenue, and the possibility of future grid-defection. Further, competing electricity solutions can emerge quickly, and not one-home-at-a-time — microgrids can offer community, village, or campus-level solutions.