New York S08546 mandates the Public Service Commission to establish a grid modernization surcharge on utilities for data centers meeting specific.

New York S08546 requires the Public Service Commission to create a grid modernization surcharge for utilities serving data centers and high-intensity data centers that exceed ten megawatts of electrical demand or have an annual power-usage effectiveness greater than 1.3. The surcharge is intended to fund the Grid Modernization Fund, which finances investments in system reliability, capacity expansion, and clean energy integration. Utilities must report annually on surcharge collections and system improvements. The surcharge is not to be passed on to other customers.

New York S08546 mandates the Public Service Commission to establish a grid modernization surcharge on utilities for data centers meeting specific.

New York S08546 requires the Public Service Commission to create a grid modernization surcharge for utilities serving data centers and high-intensity data centers that exceed ten megawatts of electrical demand or have an annual power-usage effectiveness greater than 1.3. The surcharge is intended to fund the Grid Modernization Fund, which finances investments in system reliability, capacity expansion, and clean energy integration. Utilities must report annually on surcharge collections and system improvements. The surcharge is not to be passed on to other customers.