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Bill > A09039


NY A09039

NY A09039
Establishes the "accountability of costs for data centers act"; requires each electric corporation, gas corporation and municipality to establish an independent classification of service for large energy use facilities that is separate and distinct from other industrial electricity customers; authorizes the department of public service to develop financial surety requirements.


summary

Introduced
09/05/2025
In Committee
09/05/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the public service law, in relation to enacting the "accountability of costs for data centers act"

AI Summary

This bill establishes the "Accountability of Costs for Data Centers Act" (AC/DC Act), which requires electric corporations, gas corporations, and municipalities to create a separate service classification for large energy use facilities (defined as facilities using 20 megawatts or more primarily for computing infrastructure). The new service classification must assign all costs of serving these facilities solely to that customer class, ensuring that other customer groups do not bear the financial burden of infrastructure upgrades or increased service requirements. The bill authorizes the department of public service to develop financial surety requirements for these large energy use facilities, which may include insurance, guarantees, surety bonds, letters of credit, or self-insurance provisions. The regulations can specify acceptable contractual terms and conditions for these financial guarantees. The goal is to create a more transparent and financially responsible framework for high-energy-consuming data centers, protecting other ratepayers from potential cost shifts. The act is set to take effect on June 1, 2026, with preliminary regulatory work allowed to begin immediately.

Committee Categories

Agriculture and Natural Resources

Sponsors (4)

Last Action

referred to energy (on 09/05/2025)

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