Surging Power Costs Are Putting the Squeeze on residential and business Customers

Wall Street Journal seems to blame data centers! TechCrunch also just published an article on this subject based on a very recent business survey by a solar installer [???].

So is this alarmism and hysteria created to sell more to worried consumers and businesses on batteries and solar panels? 😊

"... The report, commissioned by solar installer Sunrun, found that 80% of consumers are worried about the impact of data centers on their utility bills. ..."

"... The report finds that data centers consumed about 4.4% of total U.S. electricity in 2023 and are expected to consume approximately 6.7 to 12% of total U.S. electricity by 2028. The report indicates that total data center electricity usage climbed from 58 TWh in 2014 to 176 TWh in 2023 and estimates an increase between 325 to 580 TWh by 2028. ..."

Surging Power Costs Are Putting the Squeeze on Customers - WSJ (behind paywall) "Data centers contribute to higher prices as fat energy bills electrify local politics"

Rising energy prices put AI and data centers in the crosshairs "As tech companies tout their plans for massive new data centers, consumers are increasingly worried the AI-driven gold rush will ultimately drive up the price they pay for electricity, according to a new survey."

New Sunrun Survey Finds Soaring Electricity Demand and Extreme Weather Are Fueling Homeowner Anxiety; 80% Fear Data Centers Will Drive Up Utility Prices "With the majority of Americans saying they feel unprepared for grid instability, electricity outages, and extreme weather, Sunrun offers peace of mind with home battery storage and solar"

DOE Releases New Report Evaluating Increase in Electricity Demand from Data Centers