Public utilities: rates; separate rate class for large-load customers; require. Amends 1939 PA 3 (MCL 460.1 - 460.11) by adding sec. 10ii.

This bill requires electric utilities to submit specific tariffs or contracts for new or expanding data centers and other large energy users. These contracts must include a minimum 20-year term, a monthly charge based on at least 90% of contracted demand, and fees for early termination. The bill also mandates collateral, ensures costs are recovered from the facility and not existing customers, and requires the facilities to procure 90% clean energy annually.

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