SB339

Virginia SB339 mandates cost allocation for electric utilities serving data centers.

Virginia SB339 requires the State Corporation Commission to conduct cost allocation proceedings for certain electric utilities, ensuring that costs for serving data centers are not recovered from other customers. The bill specifies that the Commission must complete these proceedings by January 1, 2027, and incorporate the findings into the utility's biennial rate review. The Commission is also tasked with determining an appropriate allocation structure to fairly distribute costs among data center customers and other utility customers.