Electricity - Data Centers - Rate Schedule and Requirements

This Maryland bill requires electric companies to create special rate schedules for large data centers, which are defined as facilities using more than 2,500 kilowatts of power. The law mandates that these contracts include minimum terms of at least 20 years plus a load ramp period of no more than 4 years, along with specific financial responsibilities and fees. Electric companies must submit these rate schedules to the Public Service Commission for approval by July 1, 2026, and qualified customers must use the new rates rather than existing ones. The bill applies to both traditional data centers and mobile data centers, including cryptocurrency mining operations, but excludes existing facilities that do not expand their power usage by more than 2,500 kilowatts.