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The bill creates fees and reporting to push data centers and cryptominers toward lower‑GHG power and funds clean firm generation and household relief, but it also raises electricity demand, compliance costs, and near‑term risks of higher local bills and emissions if fossil resources are used to meet load growth.
Utilities, grid operators, and communities gain funding (70% of collected fees) to deploy zero‑carbon firm generation and long‑duration storage, accelerating cleaner and more reliable local power supply.
Taxpayers and electricity customers gain facility‑level transparency because covered data centers and cryptominers must report and publish hourly electricity use and emissions, improving public and policymaker visibility into power impacts.
Homeowners and low‑income households can receive relief because 25% of fee revenues fund grants to lower residential electricity costs, helping offset potential local rate increases.
Households and businesses near expanding data centers and cryptomining operations may face higher electricity prices and strained local grids as demand rises, increasing utility bills and reliability risks.
Communities risk increased local air pollution and greenhouse gas emissions if operators rely on reactivated retired fossil‑fuel plants to meet new electricity needs.
Owners of covered facilities will face new per‑ton fees that raise operating costs, which may be passed through to customers of digital services or reduce investment returns.
Introduced November 20, 2025 by Stephen Cohen · Last progress November 20, 2025
Imposes annual greenhouse-gas intensity fees on data centers and energy-intensive cryptomining facilities that exceed regional grid emissions baselines, requires facility- and utility-level reporting of electricity use and generation sources, and directs most collected fees to support zero-carbon firm generation, long-duration storage, and electricity-cost relief. Establishes how to count behind-the-meter and contracted power, creates confidentiality rules for some business data, sets timelines for baseline reductions and fee assessment, and includes penalties for improper fee pass-throughs.