The Tariff Is the Test

On May 13, Governor Stitt signed HB 2992 — the Data Center Consumer Ratepayer Protection Act — into law. On the same day, Fervo Energy went public at a $10B+ valuation. The market priced the geothermal alternative on the same day the state acknowledged the grid can't absorb the demand. Now the question is who adjudicates the first tariff filings — and the June 16 OCC primary decides that.