Electricore Inc

Inflation Reduction Act (IRA) – Distributed Methane Abatement, at Low-producing Wells, With No Access to Power the Objective of This Project Is Field Deployment of Three Demonstration Units, Operating at Separate, Low-producing Well Sites, for at Least 12 Months, Demonstrating Full-scale Validation of Methane Emission Mitigation Capacity With Economics Enabling Commercialization.

Committed

$5.0 Million

Paid to

Electricore Inc

UEI WF4NNAWN8327

26893 Bouquet Canyon Road, Santa Clarita, CA, 91350

Department of Energy

Place

OGDEN, UT, UNITED STATES

UT-01

Performance

Jan 15, 2025 → Aug 30, 2027

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗

Federal grant · cooperative agreement (b)

Department of Energy

Fossil Energy Research and Development to

Electricore Inc

Committed

$5.0 Million

Paid to

Electricore Inc

UEI WF4NNAWN8327

26893 Bouquet Canyon Road, Santa Clarita, CA, 91350

Department of Energy

Place

OGDEN, UT, UNITED STATES

UT-01

Performance

Jan 15, 2025 → Aug 30, 2027

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗