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This bill amends the Public Utility Regulatory Policies Act of 1978 to establish a federal standard requiring electric utilities to recover the full, incremental costs of generation, transmission, and distribution upgrades from large-load customers (non-residential consumers with peak demand of 100+ megawatts). Utilities must require large-load customers to provide financial assurances or contributions before making such upgrades, and must recover these costs even if the customer terminates service. State regulatory authorities and nonregulated utilities have one year to begin considering the standard and two years to complete their determination, unless they have already implemented a comparable standard.
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