Cryptocurrency and High Density Loads

  • Inquiries related to establishing a new or increased Cryptocurrency or High Density Load electric service must be submitted through the Power Inquiry Form.
  • More information about our existing rates, regulations and policies is available here. 
  • Further information on the Rate Schedule 36 available in the Final Cryptocurrency Staff Report.

Timeline of events 

 

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The new fees are:

For all unauthorized service

  • $1,400 – metering & monitoring
  • $2,000 – investigation & enforcement

In addition, for unauthorized operations in homes

  • $1,000 – residential security deposit
  • $1,750  - residential equipment degradation

Or, in addition, for unauthorized operations in commercial and industrial spaces

  • $4,700 – Commercial equipment degradation (overhead service)
  • $8,000 – Commercial equipment  degradation (underground service)

High Density Load Customers under 5 MW

On July 18, 2016, Chelan PUD Commissioners adopted a new rate that applies to all High Density Loads (Resolution 16-14059). On Jan. 2, 2017, Rate Schedule 35 went into effect, and includes server farms, crypto-currency mining or other activities that use a significant, continuous amount of power.

High Density Load Customers larger than 5 MW

Chelan PUD Commissioners and staff currently are working on policies for load applications greater than 5MW. Any actions under consideration or adopted will be posted here.

Links to recent media coverage on the subject are provided below.

    Media Coverage

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