US utilities are preparing for a significant increase in electricity rates, driven by growing demand from data centres. The new prices will likely be higher than €69 per month, a current cost for digital access to quality FT journalism.
The rising demand for data centre power is driving up costs and leading to increased rates. As the number of data centres continues to grow, so does the need for reliable and efficient electricity supply.
To stay ahead of this trend, some utility companies are planning big rises in their electricity prices. This means that consumers may see higher bills in the coming months.
Source: https://www.ft.com/content/c5f20c78-7931-492f-9153-675f3046e245