This bill creates a federal grant program administered by the Secretary of Energy to help electric utilities strengthen the nation's power grid and reduce wildfire risks caused by power lines. The program will provide grants to all types of electric utilities—including public, municipal, cooperative, and investor-owned utilities—to fund projects such as burying power lines, installing fire-resistant equipment, deploying early warning systems, and managing vegetation near power infrastructure. The legislation requires utilities to match grant funds dollar-for-dollar, though smaller utilities selling less than 4 million megawatt-hours annually only need to provide one-third matching funds, and establishes that at least 40 percent of available grants must support wildfire risk reduction projects while at least 20 percent must go to small utilities. The bill authorizes $15 billion annually from fiscal years 2027 through 2036 and requires the Secretary to submit progress reports to Congress every two years measuring improvements in grid reliability and reductions in wildfire risk.