Requires electric public utilities to develop and apply special rules for certain data centers to protect non-data center customers from increased costs. (A796 / S731, NJ)
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Bill Status
Summary:
Requires utilities to create tariffs for certain data centers to encourage efficiency and protect other customers from increased costs due to data centers and other large load customers, including stranded costs. Measures to include minimum payments for at least 10 years and requiring financial security to cover early reduction or cessation of service. Directs Board of Public Utilities to establish standards for utilities providing electricity to data centers to facilitate these requirements and more, including: incentivizing data centers to bring their own clean energy generation / storage; parameters for demand-reduction programs; approval of tariffs; disclosures for data center projects of similar interconnection requests; and demand flexibility commitments. Some requirements only for new data centers.
Session:
Current
State / Federal:
Bill Number:
A796 / S731
Party of sponsors/cosponsors:
D
Concerns, objectives, methods:
rates, regulation
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