MD HB900

Electric companies must submit a specific rate schedule for data centers with monthly maximum demand exceeding 2,500 kilowatts to the Public Service Commission for approval by July 1, 2026

Service contracts require a minimum initial term of 20 years plus a load ramp period of up to 4 years, with customers financially responsible for minimum charges even if they curtail or terminate service early

Data center customers must provide a guarantee or collateral equal to 50% of total minimum charges for the full contract term, unless they have credit ratings of at least A- (S&P) and A3 (Moody's) plus cash reserves exceeding 10 times the collateral requirement

Load ramp capacity requirements mandate data centers reach at least 50% of contract capacity in year 1, increasing to 90% by year 4, with minimum monthly billing demand set at 90% of contract capacity

Customers canceling or delaying projects by more than 12 months before the target service date must reimburse electric companies for 100% of buildout costs