Are Data Centers Raising America’s Electricity Prices?

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Residential utility bills in America “rose 6% on average nationwide in August compared with the same period in the previous year,” reports CNBC, citing statistics from the U.S. Energy Information Administration:

The reasons for price increases are often complex and vary by region. But in at least three states with high concentrations of data centers, electric bills climbed much faster than the national average during that period. Prices, for example, surged by 13% in…



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Are Data Centers Raising America’s Electricity Prices?


Residential utility bills in America “rose 6% on average nationwide in August compared with the same period in the previous year,” reports CNBC, citing statistics from the U.S. Energy Information Administration:

The reasons for price increases are often complex and vary by region. But in at least three states with high concentrations of data centers, electric bills climbed much faster than the national average during that period. Prices, for example, surged by 13% in…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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