As we've said previously, these hyperscalers, Meta, Amazon and the Goog, have a lot of money, there is no reason other ratepayers should be picking up the tab.
From Bloomberg, September 2:
President Donald Trump’s energy chief says soaring US electricity prices are his biggest concern, remarks that come as analysts warn utility bills could become a political liability for Republicans.
“It’s what I worry about most seven days a week,” Energy Secretary Chris Wright told Fox Business Network on Tuesday. “We want to stop the rise in electricity for Americans and reshore jobs and opportunity there.”
After decades of flat power demand, surging consumption from data centers, new manufacturing and the electrification of the economy is shaking up the US grid. Utility bills are rising as energy companies rush to generate enough electricity and build infrastructure to transmit it around the country. Politicians and regulators, meanwhile, are under growing pressure to tame the price increases.
Electricity prices across the country rose at more than twice the rate of overall inflation in the past year and are holding near a record high. Residential electricity prices have climbed about 10% from January until May and are projected to gain another 5.8% next year, according to the Energy Information Administration....
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