Energy & Water
A committee in Virginia is studying the impact of data center tax breaks and the state’s electric grid. Included in the study are:
(1) recent and expected trends in factors impacting data center industry growth and forecast future growth of Virginia’s data center industry;
(2) impacts on Virginia’s natural resources, as well as historic and cultural resources;
(3) assessing the impacts of the data center industry on current and forecasted energy demand and supply in Virginia, including energy rates paid by customer classes;
(4) impact on local revenue and local residents, including concerns such as noise pollution, decreasing property values, and the adverse visual impact;
(5) identifying considerations around the construction and siting of data centers; and
(6) determine if Virginia’s data center tax exemption could be improved, including whether the exemption could be better targeted.
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