RI H7270

Creates a new utility rate classification for "large energy use facilities" defined as data centers and similar operations (cloud storage, application hosting, data processing) using 20 megawatts or more of electricity

Requires the Public Utilities Commission to establish separate tariffs and rate schedules that allocate or directly assign the costs of serving these large facilities to prevent cost-shifting to other ratepayers

Mandates that electric companies enter into contracts of at least 10 years with large energy use facilities, requiring minimum payment obligations based on projected electricity usage

Directs the Commission to consider whether proposed rates would increase costs or risks to other customers, impact grid reliability, or impede the state's clean energy targets under the 2021 Act on Climate

Requires biennial reporting to the governor and General Assembly beginning September 1, 2028, reviewing trends and implications from high-electricity-use consumers