00:00It's Benzinga, bringing Wall Street to Main Street.
00:02The House passed a bipartisan bill Wednesday aimed at protecting consumers from higher utility costs tied to large AI data
00:09centers, according to CNBC.
00:11The Ratepayer Protection Act would establish standards that state regulators could adopt,
00:15requiring data centers with power demand of at least 100 megawatts to cover costs for new generation, transmission, and other
00:21infrastructure.
00:22The measure was introduced by Republican Representative Gabe Evans of Colorado and Democratic Representative Kathy Castor of Florida.
00:30The Senate has not taken action on the bill.
00:32Data center development has emerged as an issue ahead of the 2026 midterm elections, as residents raise concerns about rising
00:38electricity costs.
00:43For all things money, visit Benzinga.com.
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