The Electric Program Investment Charge (EPIC) was established in 2011 and augmented in 2022 with an additional $1 billion in funding to last through July 22, 2030. EPIC invests over $130 million annually. The program expedites the development and demonstration of technologies that increase resilience and decarbonize California’s electric grid and energy use. Specifically, EPIC provides grants to California-based businesses, universities, tribes, and communities for projects that promote the market for and advance the uptake of emerging decarbonization and efficiency technologies, including a wide range of renewable thermal technologies. The eligible technologies vary by year and specific funding opportunity. The program designates 25% of EPIC technology demonstration and deployment investments to sites located in and benefiting disadvantaged communities, with an additional minimum 10 percent to sites located in, and benefiting, low-income communities.
