H.R. 9340, Industrial Cost-Shifting Utility Regulation. Quorum's AI analysis reads it as a net cost — and names who bears it.
H.R. 9340 · Net cost
What it does
This bill amends federal utility law to require electric utilities to charge large industrial customers (those using 100+ megawatts of power) the full cost of any grid upgrades needed to serve them, and to demand upfront financial assurances or contributions from those customers before making those…
The analysis names electric utilities (reduced infrastructure cost burden) — and 2 more groups — among the beneficiaries.
The cost
Large industrial customers (data centers, manufacturers, mining operations) will face significantly higher electricity costs, which they will pass to consumers through higher product prices, effectively shifting costs back to households indirectly.
Transparency scores 65%, with a medium warning level and no detached riders.
Who is behind it
Filed by Gabe Evans. Cosponsored by Clay Fuller, Jefferson Van Drew, John Joyce and Kathy Castor.