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Calvin butler, the chief executive of exelon, one of the nation’s largest utility companies, is trying to keep the lights on. Those are the conclusions of two recent reports about spiraling utility bills, one looking at the past, the. The surge in household and commercial power bills has sparked a flurry of explanations, from aging infrastructure and climate‑related outages to the ever‑growing demand for data‑intensive services.
Demand for electricity has increased in recent years, partly because of all of the new data centers that are popping up to serve the artificial intelligence boom. Electricity and gas prices have been rising fast, and they’re headed even higher But a new technological wave is also driving up electricity bills
The ai boom is boosting electricity demand and power resources as tech giants pour billions into what many believe is the.
American households have seen their electricity bills rise 30% since 2021 Ai is central to these price hikes, and its expansion means costs will likely increase further. Electricity costs were a key issue in this week’s elections for governor in new jersey and virginia, a data center hotspot, and in georgia as well.
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