InfraComputeThe capital behind compute.
Menu

Tools  /  Contract library  /  Minimum bills for data centre load

Contract library · Power

Minimum bills for data centre load

What does the data centre pay the utility if it uses less power than it contracted for?

Utilities now make data centres pay for the grid capacity they reserve, whether or not they use it. The AES Ohio settlement puts data centres in their own tariff class with a ten-year minimum term after a ramp of up to two years, and a monthly bill of at least 85% of contract capacity. The minimum charge is payable even if the customer curtails or stops taking power, unless it pays the exit fee. The tariff is a settlement filed for the Commission’s approval, with rates from 1 January 2027.

Randeep Bubbra | Lawyer | Making the next generation of infrastructure financeable · Firm profile ·

What the filed contracts say

ContractWhat the filed wording says
AES Ohio data centre tariffAfter each phase of the utility’s construction, the customer must ramp up to its full contracted load within two years.
AES Ohio data centre tariffThe contract runs for at least ten years after the ramp, and the customer is billed on at least 85% of its contract capacity.
AES Ohio data centre tariffThe minimum charge is payable even if the customer curtails, suspends or ends service, unless it pays the exit fee.

The filed wording

After construction of the facilities (or a phase of the construction) is complete, the Customer will ramp to the lower of the Company’s load service capability associated with the completed construction or Customer’s Contract Capacity (Customer’s Full Ramp Capacity) within a maximum of two years.
AES Ohio Data Center Tariff (Sheet D23), in the 2027–2029 rate plan settlement, Sheet D23, Minimum Contract Requirements (Ramp Period) · DPL 8-K, Exhibit 10.1

Follow alerts

Follow Minimum bills for data centre load

New filed wording for this clause from customer contracts, leases, colocation, power contracts and backstops. One email when something changes, nothing otherwise. Confirm by email; stop with one click.

Method

Each extract is quoted from the contract as filed with the SEC, checked against the filed text when it was added; “…” marks words left out. Filers redact commercial terms, so a [***] or [*] is the filer's, not ours. The summaries describe the wording, not how a court would read it, and each contract's defined terms and other clauses can change the effect. General information drawn from public filings. It is not legal advice on any transaction, and using this page does not create a lawyer-client relationship. Views are personal.

Randeep Bubbra

InfraCompute Weekly

The week in compute finance, read from the filings.

Deals, terms and the clauses behind them, for the people financing data centres, GPU clouds and the power behind them. By Randeep Bubbra.

Want to run your own deal through these tools? Book 20 minutes with Randeep.

Fridays, one email. Work email only. Unsubscribe any time. Privacy.