EEI - Edison Electric Institute Inc.
12/18/2025 | Press release | Distributed by Public on 12/18/2025 14:04
EEI Statement on House Passage of the SPEED Act
EEI Statement on House Passage of the SPEED Act
EEI Statement on House Passage of the SPEED Act
WASHINGTON (December 18, 2025) - Edison Electric Institute (EEI) President and CEO Drew Maloney today issued the following statement after the U.S. House of Representatives passed the Standardizing Permitting and Expediting Economic Development (SPEED) Act:
"The House passage of the Speed Act is an important first step toward cutting red tape, lowering customer costs, and delivering reliable, affordable electricity to American families and businesses. At a time of unprecedented electricity demand, our outdated permitting processes can no longer stand in the way of unleashing American energy dominance. We value Chairman Westerman's leadership and urge the Senate to take the next step on this common-sense legislation that will help provide relief for customers and support the energy infrastructure that powers the American economy."
"We will also continue to work to make America's permitting system more predictable and more durable for all forms of energy, and to bring more electrons on the grid. We look forward to working with lawmakers on practical, bipartisan solutions to ensure that America's most important machine-the energy grid-works reliably every day for families, businesses, and local communities."
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About EEI
About EEI
EEI is the association that represents all U.S. investor-owned electric companies. Our members provide safe, reliable electricity for nearly 250 million Americans, and operate in all 50 states and the District of Columbia. Collectively, the electric power industry supports more than 7 million jobs in communities across the United States and drives economic growth and prosperity. EEI also includes hundreds of industry suppliers and related organizations as Associate Members.
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