Electricity cost concerns grow amid push for more AI data centers
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As tech companies expand AI data centers, electricity costs are rising for consumers, with increases reported in Ohio (10-15%) and New Jersey (20%). The Trump administration's "AI Action Plan" aims to expedite the construction of these energy-intensive centers. Experts suggest that while data centers impact electricity planning, they are not solely responsible for rising bills. Increased demand in the PJM market, where a recent auction saw prices rise 22%, is a key factor. The National Association of Regulatory Commissioners notes that data centers can mitigate costs by utilizing renewable energy sources.
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