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Illinois requires up to $1M security deposits for new large data centers to protect consumers from failed projects.
Illinois regulators approved higher security deposits for new large data center projects, requiring up to $1 million base payments and additional fees based on power needs, to shield residential and small business customers from infrastructure costs if projects fail or underperform.
The move, affecting only new facilities, aims to prevent ratepayers from bearing stranded costs as data centers drive surging demand, with over 75 projects in pipeline potentially doubling the region’s peak load.
Similar efforts are underway in Pennsylvania, where a settlement would require data centers to pay for their own upgrades and protect consumers from rising bills, while Ohio faces legal challenges over its own data center tariffs.
Illinois requiere hasta $ 1M depósitos de seguridad para nuevos grandes centros de datos para proteger a los consumidores de los proyectos fallidos.