Charging data centers for electric price increases

New Jersey is poised to charge data centers for increases in electric rates. A5462 has now passed both chambers.

The bill will “require public electric utilities to submit proposed tariffs to the state Board of Public Utilities and incentivize data centers to increase energy efficiency by adopting technologies that capture and use the heat they generate. Under the bill, energy users of more than 100 megawatts monthly would be charged the new tariffs beginning one year after the bill’s enactment.”

New Jersey Monitor | NJ lawmakers OK plan to charge data centers for spiking electric costs