Bill > HB2992

This bill, known as the Data Center Customer Protection Act of 2026, aims to protect existing customers from bearing the costs of electricity for very large new energy users, referred to as "large load customers," which are defined as new data centers, cryptocurrency mining operations, and artificial intelligence computing facilities requiring 75 megawatts or more of electricity. The act mandates that governing bodies overseeing electric suppliers ensure that residential, commercial, and industrial customers are not charged unjust rates due to the electricity needs of these large load customers, and that all rates are fair and based on "cost causation," meaning those who cause a cost should pay for it. Electric suppliers must establish separate terms, conditions, and tariffs for large load customers to ensure they cover all allocated costs, including potential unrecovered expenses if they leave or reduce their energy use, and these customers must commit to a service term of at least ten years, with some exceptions for public power utilities. The Oklahoma Corporation Commission is granted the authority to create rules and has exclusive jurisdiction to enforce this act for electric suppliers under its regulation, with compliance being a condition for serving large load customers, and the act will take effect on July 1, 2026.

Agriculture and Natural Resources, Transportation and Infrastructure

http://www.oklegislature.gov/BillInfo.aspx?Bill=hb2992&Session=2600