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0.000190029771330849 0.000190029771330849 0.000443402799771921 0.00234370051308041 0.000190029771330849 -0.000126686514220626 0.000316716285551475 -0.00424399822638872
Stock impact report

With new law in effect, data centers shouldn't mean higher electric bills for the rest of us [Yahoo! Finance]

Xcel Energy Inc. (XEL) 
Last xcel energy inc. earnings: 1/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.xcelenergy.com
Company Research Source: Yahoo! Finance
Technical College, shown Thursday, May 29, 2025. (Photo by Nicole Neri/Minnesota Reformer) The Minnesota utilities set to power two proposed Google data centers near Rochester and Duluth say the massive computing facilities won't raise regular customers' electricity bills. There's good reason to believe them, at least in the near term. That's because Gov. Tim Walz signed a law last year creating a separate class of “very large” utility customers separate from residential, commercial and most industrial customers. In practice, most will be data centers. The service agreements between these facilities and utilities like Xcel Energy must cover the full cost of their electric service and any system upgrades needed to serve them reliably; avoid burdening other customers if the facilities downsize or close; and comport with Minnesota's carbon-free power standard. The public is about to get more insight into the first such arrangement developed under the new law. Xcel plans to file t Show less Read more
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