Federal standard relating to large-load customers

Section 111(d) of the Public Utility Regulatory Policies Act of 1978 (16 U.S.C. 2621(d)) is amended by adding at the end the following: (22) Standards for large-load customers (A) Recovery of full, incremental cost of upgrades A rate charged, or entered into, by an electric utility for providing electric service to a large-load customer shall be designed to recover from the large-load customer the full, incremental cost of any generation, transmission, or distribution upgrade necessary to serve the load of such large-load customer, including in the event of such large-load customer terminating a contract with the electric utility pertaining to the sale of electric energy, or otherwise ceasing the purchase of electric energy from the electric utility. (B) Financial assurances and contributions Before making any generation, transmission, or distribution upgrade that is necessary to serve the load of a large-load customer, an electric utility shall require the large-load customer provide to the electric utility financial assurances or contributions to cover the cost of such upgrade. (C) Large-load customer defined In this paragraph, the term large-load customer means a non-residential retail electric customer that, on or after the date of the enactment of this paragraph, requests to enter into, or enters into, a contract pertaining to the sale of electric energy for one or more facilities that— (i) are behind a single point of interconnection; and (ii) have, in the aggregate, a peak electric demand of 100 megawatts or more at a single site or campus..