California: Full Grid Bill on AI Campuses by Jan 2028 - CRE AI Briefing, Sep 29, 2026

California signed seven data center bills that put the full grid bill on AI campuses. Senate Bill 886 gives the CPUC until January 1, 2028 to set tariffs covering interconnection, transmission, distribution, and generation, with ten-year early-termination fees if load never ramps, while SB 887 kills CEQA categorical exemptions and AB 2383 layers wildfire and societal cost tariffs. Meanwhile Virginia Executive Order 22, signed September 18, immediately cuts new data centers at 25 megawatts or more out of expedited permitting and site-readiness programs and bans state NDAs that hid incentives and resource asks. Common thread for CRE: Utility Dive's September 29 rundown still has Goldman seeing only 50 to 60 percent of planned capacity online in the next two years, BloombergNEF saying Texas's interconnection pause threatens up to 20 percent of the U.S. pipeline, and Oracle's force majeure on the 2.5 gigawatt Project Jupiter campus in New Mexico already stressing campus debt, so full-cost tariffs, 25 megawatt cutoffs, and power delays now sit inside the lease.Reach out to the AI Consulting Network: https://www.theaiconsultingnetwork.com/Sources:https://www.mayerbrown.com/en/insights/publications/2026/09/californias-governor-signs-nations-most-comprehensive-data-center-laws-reshaping-regulation-of-energy-water-and-land-usehttps://www.governor.virginia.gov/newsroom/news-releases/2026/september-releases/name-1123696-en.htmlhttps://www.gtlaw.com/en/insights/2026/9/virginia-executive-order-22-sets-new-requirements-for-data-center-development-and-ai-governancehttps://www.venable.com/insights/publications/2026/09/virginia-governor-issues-executive-orderhttps://www.utilitydive.com/news/the-data-center-boom-continues-apace-but-projects-face-mounting-obstacles/830496/https://www.insurancejournal.com/news/west/2026/09/25/886812.htm