Data centers have already hiked electricity prices on the public by $23 billion. Good luck clawing that back | Fortune
For example, a recent report by the organization that monitors the PJM market, an area that encompasses all or part of 14 mid-Atlantic and Midwest states, concluded that expected power demand from data centers was a primary reason for $23 billion in customer price increases that will last until at least the end of 2028.Someone has to pay for substations and other electricity transmission equipment – but who, and how much? Joe Raedle/Getty Images
The complexity of setting prices
Setting a price f...
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