Data Centers Drive Up Electricity Prices

Electricity prices surge, with data centers blamed, as mid-term elections heat up. Residential bills jumped 6% nationwide, but Virginia, Illinois, and Ohio saw increases of 13%, 16%, and 12% respectively. Tech giants data centers consume a gigawatt or more, enough to power over 800,000 homes. Senators criticize sweetheart deals between tech companies and the White House, forcing consumers to subsidize high costs. Experts predict persistent challenges ahead.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.