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.