Regulates electric service tariffs for large-load data centers to protect other customers from rate increases.
Regulates electric service tariffs for large-load data centers to protect other customers from rate increases. Requires electric public utilities to file tariff applications with the Utilities Commission. Tariffs must include a minimum contract term of 10 years, a minimum billing demand requirement, and a financial assurance requirement. The Commission may only approve tariffs that protect other customers from increased costs. The act becomes effective January 1, 2028.
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