Contains whereas clauses.

Creates new GS Chapter 62, Article 18 (The Equitable Escalation of Electricity Demand Act). Sets definitions for the new Article.

Establishes new GS 62-361 (Protecting electricity users reliability and availability), requiring a fee to be placed on all new electric vehicle charging stations and new electric and plug-in hybrid vehicles sold or licensed to operate in NC to offset the cost of maintaining dispatchable power supply. Mandates in subsection (b) that charging stations owned by the state assess a fee for maintaining the power grid to users of the charging station. Specifies in subsection (c) that new data centers requiring dispatchable power are required to contract for the construction of such power sources directly with a local utility, and requires safeguards to ensure cost overruns are not borne by ratepayers of the utility. Requires the state and any political subdivisions that enter into an economic incentive agreement for the opening of a new data center to mandate compliance with subsection (c). Allows data centers that cannot contract with a local utility for dispatchable power to submit plans to the Utilities Commission directly, and requires compliance with the applicable regulations that public utilities operate under.

Contains a severability clause.