• Amends the Public Utility Regulatory Policies Act of 1978 to require that electric utility rates charged to "large-load customers" recover the full, incremental cost of any generation, transmission, or distribution upgrades needed to serve those customers, including if the customer terminates their contract or stops purchasing electricity
• Requires electric utilities to obtain financial assurances or contributions from large-load customers before making any upgrades necessary to serve them
• Defines "large-load customers" as non-residential electric consumers operating data storage and computational facilities with a peak electric demand of 100 megawatts or more at a single site or campus

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