Xcel Energy asks Wisconsin regulators to make data centers pay full power costs
Xcel Energy has proposed to Wisconsin regulators that large new power users, including data centers, should be required to pay the full cost of their electricity. This rule would apply to projects or major expansions of 100 megawatts or more and is intended to protect residential customers from bearing these costs. The proposal also suggests requiring these customers to commit to 15-year deals with strict financial security.
Xcel Energy has submitted a proposal to Wisconsin regulators, requesting that new large electric customers, such as data centers, be mandated to cover the full cost of the electricity they consume. The utility states that this measure aims to shield existing residential and smaller business customers from incurring these significant energy expenses.
According to the proposal, these new requirements would specifically target projects or substantial expansions that demand 100 megawatts or more of power. Additionally, Xcel Energy is seeking to ensure that major new electric customers enter into 15-year contracts, which would be reinforced by robust financial security measures to guarantee long-term local benefits.