The New Jersey Assembly has joined a growing list of legislative bodies nationally that are taking a look at and working on legislation to attempt to make larger users, including data centers, responsible for some of the cost of continued increasing rates that are currently being borne by residential customers. In other words, various legislative bodies, including New Jersey, are drafting and reviewing bills, like A-7961R (the “Bill”), that seek to create a separate tariff that will apply to large energy consumers, separate from the rate that will apply to a typical residential consumer. The stated goal of the legislation is to seek to hold large energy consumers responsible for the increased cost of electricity that is attributable to their desired need and use of electricity.
Read Brad Molotsky’s full analysis of the bill on the Project Development/Infrastructure/P3 Blog.