US utilities charge customers for unfinished projects
A Reuters review reveals that at least 40 U.S. states now allow utilities to charge ratepayers for power plants and transmission lines long before they are completed. While officials say these incentives reduce long-term financing costs to meet rising data center demand, critics argue the policies shift financial risks to households.
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United States utilities are increasingly charging customers for unfinished power projects to fund a $1 trillion grid overhaul. At least 40 states now allow these upfront fees, doubling the 20 states that had them a decade ago. This shift boosts utility cash flow while transferring multi-billion-dollar project risks to ratepayers.
