One monthly bill Americans can’t avoid is quietly surging thanks to emerging industry: data

The rapid expansion of AI data centers is projected by the Federal Reserve Bank of Dallas to increase electricity costs for American households. Researchers estimate that existing data centers have already raised wholesale electricity prices 2% to 6%, with potential cost increases up to 20% to 30% higher by 2028 compared to a scenario without new data centers. The growing strain on the power grid has become a central political debate, leading states like Texas and Pennsylvania to scrutinize or halt large-scale development projects.