North Carolina S1026 establishes a surcharge on large-load electricity customers to fund grid modernization projects.

North Carolina S1026 amends the Public Utilities Act to reform the approach to integrating large-load electricity customers. The bill requires electric public utilities to file tariffs for large-load customers, who must have an actual or projected peak demand of at least 50 megawatts. It mandates that these customers receive service only under approved tariffs. The bill also establishes a surcharge on large-load customers to fund grid modernization projects, ensuring that other ratepayers are not disadvantaged.

North Carolina S1026 establishes a surcharge on large-load electricity customers to fund grid modernization projects.

North Carolina S1026 amends the Public Utilities Act to reform the approach to integrating large-load electricity customers. The bill requires electric public utilities to file tariffs for large-load customers, who must have an actual or projected peak demand of at least 50 megawatts. It mandates that these customers receive service only under approved tariffs. The bill also establishes a surcharge on large-load customers to fund grid modernization projects, ensuring that other ratepayers are not disadvantaged.