Data centers have hiked electricity prices on the public by $23B

Data centers have already increased electricity prices for U.S. ratepayers by $23 billion, according to a report on the PJM energy market covering 14 mid-Atlantic and Midwest states, with these price increases expected to continue until at least the end of 2028. While major tech companies have pledged to pay their fair share for the electricity infrastructure needed to support data centers, the full costs to consumers remain unclear because utility commissions are still determining how to allocate these expenses across different customer groups.