Summary
A proposed bill in New Jersey aims to charge data centers for the electricity they consume to help modernize the state's power grid. The bill, introduced by assemblywoman Andrea Katz, seeks to address rising energy costs and infrastructure issues. It requires legislative approval and the governor’s sign-off to become law.
Key Facts
- New Jersey assemblywoman Andrea Katz is proposing a bill to charge data centers for their electricity usage.
- The revenue from this surcharge would help update New Jersey's power grid.
- The bill targets the impact of data centers on rising energy bills.
- There are currently 4,005 active data centers in the U.S. that contribute to high electricity demand.
- Nationwide residential electricity prices rose by 6.5% from May 2024 to May 2025.
- The legislation aims to incentivize data centers to use energy more efficiently.
- Efforts to pass similar laws in other states, like Virginia, have faced challenges.
- The bill could impact elections as voters express concern over rising energy costs.
