Virginia Data Center Power Tax
Sector: Data Center • Location: Virginia, United States
Source: Yahoo Finance UK
Virginia implemented the first state tax in the U.S. directly on data center electricity consumption, charging operators 1.1 cents per kilowatt-hour. This tax aims to address concerns that data centers' growing electricity demand could increase costs for households and communities. The tax is authorized from July 1, 2026, through June 30, 2028, with limits on revenue and exemptions to mitigate imp
- Status
- Prospective
- Sector
- Data Center, Power Generation (CCGT)
- Location
- Virginia, United States of America
- Updated
- 22 Jul 2026
- Source
- Yahoo Finance UK
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Virginia implemented the first state tax in the U.S. directly on data center electricity consumption, charging operators 1.1 cents per kilowatt-hour. This tax aims to address concerns that data centers' growing electricity demand could increase costs for households and communities. The tax is authorized from July 1, 2026, through June 30, 2028, with limits on revenue and exemptions to mitigate impact. |
Original sector | Energy |
Budget |
Location
Country | United States of America (USA) |
State | Virginia |
Source
Source | Yahoo Finance UK |
URL |
More Details
Record type | Project |
Sector | Data Center, Power Generation (CCGT) |
Article published date | 2026-07-16 |
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