All electric suppliers shall establish and maintain separate terms and conditions of electric service applicable to any large load customer and shall create and maintain separate tariffs applicable to such large load customers. These terms, conditions, and tariffs shall include credit requirements and any other measures necessary to ensure that such customers reimburse the electric supplier for all costs fairly allocated to them under Section 3 of this act, including costs incurred to directly serve the customer that may remain unrecovered if the customer departs the system or materially reduces load. The term of service for a large load customer shall be at least ten (10) years. For any public power utility using tax-exempt municipal financing, the term of the agreement shall be the lesser of ten (10) years or the applicable Internal Revenue Service Guideline.

Laws 2026, HB 2992, c. 246, § 4, emerg. eff. July 1, 2026.