To direct the Secretary of Energy to report to Congress on the use of electric energy and water by certain data centers, and for other purposes.

On May 22, 2026, Representative Chip Roy (R-TX) introduced HR9019, a bill directing the Secretary of Energy to report to Congress on electric energy and water usage by certain data centers. The bill was referred to the House Committee on Energy and Commerce. This is an early-stage procedural action with three recorded steps: introduction and referral. No committee hearings, markups, or companion Senate bills exist. The bill authorizes no funding — it is a pure reporting mandate. The distinction between authorization and appropriation is irrelevant here as there is no money involved. The mechanism is informational: the DOE would gather data from data center operators and electric utilities and compile a report. No tax credits, grants, penalties, or regulatory standards are created. Structural winners and losers: None at this stage. The bill does not alter any company's revenue, costs, or competitive position. Tickers listed in the analysis are included only because they are the most data center-exposed energy and utility companies; none face a financial impact. The bill is pre-regulatory information gathering. If the report leads to future legislation, the impact would depend on that future bill, not this one. No real market data was provided for stock prices. Based on business positioning: data center REITs ($EQIX, $DLR) are power consumers; utilities ($NEE, $DUK, $SO) are power suppliers; solar companies ($ENPH, ) could benefit from future data center renewable mandates, but this bill creates none. Timeline: The bill is at the earliest stage — referred to committee. It requires committee hearings, markup, House passage, Senate introduction/passage, and Presidential signature to become law. The 119th Congress runs through January 2027. Given the bill's narrow scope and the sponsor's status (junior member, not committee chair), passage is uncertain and unlikely in the current session without broader data center legislation attached.