OH HB706

Data centers with monthly maximum demand exceeding 25,000 kilowatts must enter binding commitments with electric utilities including minimum demand commitments, long-term service agreements, exit fees, and financial collateral before receiving electric service

Minimum billing demand for data centers at full commercial capacity must be at least 85% of contracted capacity, with minimum contract terms of 12 years (including up to 4-year load ramp periods)

Electric distribution utilities cannot recover data center-related distribution, transmission, or generation costs from other customer classes unless the Public Utilities Commission determines it is just and reasonable

Data centers must provide financial assurance (exit fees, letters of credit, cash collateral, or guarantees) covering unrecovered facility costs, and this assurance must be reviewed and adjusted at least every two years

Exit fees, collateral forfeitures, or unused-capacity payments collected from data centers must be credited to retail customers rather than retained as utility earnings