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by gruez
56 days ago
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>That same Bloomberg analysis found that areas with high concentrations of data centers saw electricity prices jump 267 percent over the past five years. If you click through to the bloomberg article, you'll find that the 267% figure is for wholesale prices, whereas the economist chart is for retail rates. Wholesale rates being up but retail rates staying the same or even dropping isn't contradictory, because retail rates contain other components which might drop with more datacenters. For instance having more datacenter usage means more of the transmission/distribution costs are borne more by datacenter users. |
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I will not bore you with the many links I could provide which state that retail prices have risen up to 7% (like I stated above). CNBC reported this: https://www.cnbc.com/2025/06/21/why-electricity-prices-are-s..., More-Perfect-Union made video on it: https://m.youtube.com/watch?v=YN6BEUA4jNU, Invezz states the complete opposite to your argument: wholesale prices are relatively table since 2023, while retail prices 'skyrocket' (their term, not mine) https://invezz.com/news/2025/10/29/us-retail-power-prices-so....
I have no horse in this race, I'm in the EU, but the mechanisms by which the industries socialize costs is pretty universal and applies here as well.