Electricity prices jumped 6.9% in 2025 year over year, more than double the headline inflation rate of 2.9%, according to Goldman Sachs. Prices will continue to rise through the end of the decade as ...
Artificial intelligence company Anthropic announced Wednesday that it will ensure consumer electricity costs remain steady as it expands its data center footprint. Anthropic said it would work with ...
If you’ve noticed your electricity bill soaring, it’s not just you. Californians have seen their energy bills spike by 39% over the past six years — the most by far of any state, according to UC ...
Global electricity demand is surging, and the grid is struggling to keep up, according to a new report from the International Energy Agency (IEA). Global power demand is set to grow by more than 3.5% ...
Over the past few years, millions of Americans have seen their electricity bills skyrocket. Since February 2020, electricity prices have increased by an average of 40 percent across the country. In ...
Lansing — The price of electricity for residential customers in Michigan has more than doubled in the past 20 years, as broader financial pressures and a growing debate over data centers have put ...
IEA’s World Energy Outlook 2025 shows the global power system entering the “Age of Electricity,” with demand accelerating faster than grids, reshaping fuel mixes, investment flows, and energy security ...
Residents of mid-Atlantic states like Maryland, New Jersey and Pennsylvania who have spent years plagued by high electricity bills just got some bad news: Relief is not on the way. As CNN recently ...
American households are paying more than ever before for electricity after prices surged the most in almost two years, according to the US Energy Information Administration. The average retail price ...
In order to accelerate the construction of new power plants needed to provide energy for its data centers, Meta is looking to get into the business of trading electricity. Bloomberg reports that both ...
How AI and renewables are shifting the energy landscape. One of the dominant storylines I’ve been following through 2025 is electricity—where and how demand is going up, how much it costs, and how ...
Data centers fueling the AI boom are driving up the nation’s demand for electricity — and possibly your utility bill along with it. There are several reasons power is getting more expensive in the US.
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