Senate Bill 857 proposes the establishment of the Energy Innovation Grant Program (EIGP) under the Office of Energy Innovation within the Public Service Commission. This program aims to support projects focused on energy efficiency and innovation, and it will be funded with an appropriation of $10,000,000 in general purpose revenue for each fiscal year of the 2025-27 biennium. The bill includes the creation of new statutory sections, specifically 20.155 (3) (e) and 196.379, which outline the funding and administration of the EIGP.

The bill is part of a broader effort to enhance energy innovation in Wisconsin and is supported by a range of legislators from both the Senate and Assembly. The proposed funding is intended to facilitate the development of energy-efficient technologies and practices, thereby contributing to the state's energy goals. The act is set to take effect the day after its publication or on the second day after the publication of the 2025 biennial budget act, whichever occurs later.