Hydro-Québec is pushing to considerably improve electrical energy costs for high-consumption information centres and cryptocurrency services. The provincially owned utility has submitted a request to the province’s vitality regulator to set charges for brand spanking new information centres at 13 cents per kilowatt-hour, roughly double the present worth for large-scale energy customers.
New Charges for Information Centres
For information centres already linked to the grid, the utility plans a phased improve to the brand new fee over 5 years. This adjustment targets services consuming greater than 5 megawatts yearly. If accredited, the modifications will take impact within the second half of 2026.
Larger Prices for Crypto Operations
Hydro-Québec additionally seeks to boost costs for blockchain and cryptocurrency actions to 19.5 cents per kilowatt-hour over three years. Officers cite the operations’ excessive vitality calls for and restricted financial contributions as key components.
Making certain Truthful Useful resource Use
The proposed hikes purpose to make these energy-intensive sectors absolutely cowl their prices whereas remaining aggressive. With information centre electrical energy demand projected to surge sevenfold by 2035—reaching over 1,000 megawatts—Quebec stands to maximise the worth of its vitality sources.
