Requires electric public utilities to develop and apply special rules for certain data centers to protect non-data center customers from increased costs.
Establishes surcharge for electric public utility service to certain data centers during certain periods; establishes "Grid Modernization Fund" in BPU.
Establishes thermal energy networks network infrastructure by any public utility company that provides electric/natural gas distribution to maximize cost-effective investments deemed in the public interest by the public utilities commission (PUC).