Sponsors (10)
Introduced November 20, 2025 by Stephen Cohen · Last progress November 20, 2025
The bill aims to increase transparency and drive clean‑energy investment (via reporting, fees, and grants) to lower carbon intensity, but it raises compliance costs, fee liabilities, and electricity‑demand risks that can increase bills, create business uncertainty, and—if met with fossil generation—worsen local pollution.
Households: a portion of assessed fees (25%) funds grants to states, tribes, municipalities, and utilities to lower residential electricity burdens, which may reduce some household electricity bills.
Utilities, clean-energy firms, and ratepayers: most fees (70%) support R&D, demonstration, and deployment of clean firm technologies and create financial incentives for facilities/utilities to procure cleaner power or invest on-site, accelerating lower‑carbon electricity options.
Owners of covered facilities and their customers: standardized, facility-level accounting of electricity sources and GHG intensity improves corporate sustainability planning and enables more targeted decarbonization actions.
Owners of covered facilities and electric utilities: new annual reporting, assessed fees starting 2026, rapidly tightening regional baselines (11% annual reductions to 2034 and zero by 2035), and administrative burdens will raise operating costs, create fee liabilities for utilities (which cannot pass costs to non‑covered customers), and increase investment uncertainty.
Households and businesses: greater data center and cryptomining electricity demand could push up wholesale retail electricity prices or prompt rate adjustments, increasing bills for consumers and firms.
Rural communities and public health: increased demand for electricity from cryptomining could lead to restarting retired fossil generation to meet local loads, increasing carbon emissions and worsening local air quality.
Based on analysis of 4 sections of legislative text.
Requires annual EPA/EIA reporting from U.S. data centers and cryptomining facilities (>100 kW) and their utilities on location, electricity use, on-site generation, and procurement sources.
Requires annual reporting to federal agencies from U.S. data centers and cryptomining facilities with more than 100 kW of installed IT nameplate power, and from the electric utilities that serve them, about facility locations, electricity consumption, on-site generation, fuel/source mixes, and procurement contracts. Directs the EPA, working with the EIA, to collect and coordinate this information, adds statutory definitions for covered facilities and regions, and includes a severability clause.