Data Center Amendments.

This bill establishes new rules for electric utilities serving large data centers in North Carolina, which are defined as facilities with a power demand of over 20 megawatts. It requires utilities to file specific tariffs that ensure these large customers pay for all the costs of building and maintaining the necessary power infrastructure, preventing rate hikes for regular residential and business customers. To protect the public, the law mandates strict contract terms, including a minimum 10-year commitment and a requirement for data centers to use at least 85% of their requested power, along with financial guarantees to cover potential risks if a facility closes early. Starting in 2028, no large data center can receive electricity unless the utility has a tariff approved by the state commission that meets these specific conditions.