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Title: [2016-07-21]Chelan County Utility hikes electricity tariffs for mining companies Post by: elyas772 on July 21, 2016, 06:41:09 AM A new electric rate has been approved by Chelan County Public Utility District commissioners on Monday for customers with energy intense loads such as server farms and similar technology operations including bitcoin mining.
The new rate applies to server farms and similar technology operations with intense energy use of 250 kilowatt hours per square foot per year or more. The rate recognizes that high density loads impose costs different in type and magnitude than other commercial and industrial customers. Effective Jan. 1, 2017, the rate includes a transition period of up to five years for existing high density load (HDL) customers who can show they’ve made substantial investment and meet other criteria. An upfront charge to offset the impacts from HDL customers on the District’s electric system capacity has been included. http://www.econotimes.com/Chelan-County-Utility-hikes-electricity-tariffs-for-bitcoin-mining-companies-238770 |