North Carolina H1180 amends utility laws to regulate electric service tariffs for large-load data centers.

North Carolina H1180 amends utility laws to regulate electric service tariffs for large-load data centers. The bill requires electric public utilities to file tariff applications with the Utilities Commission for serving large-load data centers, ensuring these tariffs protect other customers from rate increases and stranded costs. Tariffs must include a minimum contract term of 10 years, a minimum billing demand requirement of 85% of the maximum electric service requested, and financial assurance to protect against increased rates.

North Carolina H1180 amends utility laws to regulate electric service tariffs for large-load data centers.

North Carolina H1180 amends utility laws to regulate electric service tariffs for large-load data centers. The bill requires electric public utilities to file tariff applications with the Utilities Commission for serving large-load data centers, ensuring these tariffs protect other customers from rate increases and stranded costs. Tariffs must include a minimum contract term of 10 years, a minimum billing demand requirement of 85% of the maximum electric service requested, and financial assurance to protect against increased rates.