The Edison Foundation's Institute for Electric Innovation focuses on advancing the adoption of new technologies that improve the customer experience by enhancing how electric companies engage with customers to strengthen and transform the energy grid. IEI's members are the investor-owned electric companies that represent about 70 percent of the US electric power industry. The membership is committed to an affordable, reliable, secure, and clean energy future.

IEI promotes the sharing of information, ideas, and experiences among regulators, policy makers, technology companies, thought leaders, and the electric power industry. IEI also identifies policies that support the business case for the adoption of cost-effective technologies.

IEI is governed by a Management Committee of electric industry Chief Executive Officers. In addition, IEI has a select group of technology companies on its Technology Partner Roundtable.