Port Washington neighbors push back on Oracle lawsuit over data center tariffs for large customers

Tmj4 News
Oracle is suing Wisconsin's Public Service Commission over tariffs imposed on large electricity customers, a decision supported by local residents.

Summary

Oracle has filed a lawsuit against Wisconsin's Public Service Commission (PSC) to challenge tariffs imposed on "very large customers" (VLCs) that lack high credit ratings. The PSC implemented these tariffs to protect average ratepayers from financial risk if a major data center were to fail. Oracle, which holds a BBB rating, argues the financial requirements could exceed $100 million annually. The lawsuit targets Oracle's data center in Port Washington, part of a $15 billion investment in the city. Commissioner Kristy Nieto stated that "Wisconsin customers should not pay a single cent to subsidize the service of data centers or very large customers." Port Washington neighbors, including Michelle Gauthier and Dan Large, largely support the PSC's decision, arguing that large companies should be prepared for such financial obligations and that the tariffs protect the community from future risks.

(Source:Tmj4 News)

Los Angeles Times

Gas giants raise prices with AI in another hit to living costs, lawsuit says

Bloomberg Tax News

House Panel Moves Bills to Curb Some Class Actions, Revamp SEC

Calgary Herald

Class-action law suit filed over Alberta voter privacy breach tied to separatist groups

Calgary Herald

Class-action lawsuit filed over Alberta voter privacy breach tied to separatist groups

CP24 Toronto

Class-action lawsuit launched over Alberta voter database breach

Fox Business

How YouTube TV and DirecTV Stream subscribers can get a payout from Disney's $50M antitrust settlement

USA TODAY

Last chance to claim cash from the European Wax Center settlement

The Guardian

UK housebuilders face class action suit over alleged collusion to inflate prices

Billboard

Blur Drummer Dave Rowntree’s Proposed Class Action Against PRS For Music Struck Down by Appeals Judge

City A.M.

Housebuilding giants hit with £4.5bn lawsuit for allegedly overcharging buyers

Devdiscourse

Billion-Pound Showdown: UK Housebuilders Face Legal Battle | Business

Malay Mail

San Francisco archdiocese announces US$395m sexual abuse settlement

The Business Standard

LC settlement rate climbs to Tk123.55

Tmj4 News

Port Washington neighbors push back on Oracle lawsuit over data center tariffs for large customers

Sfist

SF Archdiocese to Pay $400M Settlement, Announces Closure of Specialized St. Brigid Academy