U.S. utilities seeking big hikes in electricity rates as data center demand booms

10 hours ago 1
Electricity concepts. High voltage transformers with night city lights

s-cphoto/iStock via Getty Images

U.S. power companies have applied for permission to raise electricity prices by billions of dollars, driven by the costs of replacing aging infrastructure and powering data centers for artificial intelligence, according to a new report issued this week by energy

Recommended For You

More Trending News

Read Entire Article