Public utilities: rates; large load commercial rates for data centers; establish. Amends 1939 PA 3 (MCL 460.1 - 460.11) by adding sec. 10ii. TIE BAR WITH: HB 6140'26, HB 6141'26, HB 6137'26, HB 6138'26, HB 6142'26, HB 6139'26

This bill directs the Michigan Public Service Commission to create a specific rate structure for data centers that requires a 15-year contract with the utility provider. Under the new rules, data centers would face a minimum monthly charge based on 60% of their contracted power demand, regardless of how much electricity they actually use, and must pay a penalty fee if they break their contract early. The legislation also mandates that data centers provide collateral equal to 24 months of billing charges and ensures they cover all costs associated with generating, transmitting, or distributing their power without passing those expenses to other customers. This proposal applies only to facilities in Michigan designed to store and process data and is part of a larger package of related bills that must all pass together to take effect.