Article

New Jersey's legislature has passed a bill that imposes a tariff on data centers for their electricity usage, aimed at alleviating the financial burden on consumers due to increased power demand. The legislation, which affects data centers with a monthly demand of at least 100 megawatts, awaits Governor Phil Murphy's signature and will take effect one year post-enactment. In related developments, Microsoft has committed to covering the electricity costs of its data centers and working with utilities to address grid impacts.