Across the country, electricity prices have jumped more than twice as fast as the overall cost of living in the last year. That’s especially painful during the dog days of summer, when air conditioners are working overtime.

Power-hungry data centers have been popping up all over, to serve the boom in artificial intelligence. The Energy Department projects data centers and other commercial customers will use more electricity than households for the first time ever next year. That’s a challenge for policymakers, who have to decide how to accommodate that extra demand and who should foot the bill.

The soaring price of natural gas is also pushing power prices higher. More than 40% of electricity is generated using natural gas. As more gas is exported as liquid natural gas, the competition from foreign customers is driving up the price utilities have to pay here at home.

  • CheeseNoodle@lemmy.world
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    12 hours ago

    Yeh so’s food and heating, its amazing how everything is outpacing inflation yet somehow that’s not the rate of inflation.

  • TigerAce@lemmy.dbzer0.com
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    13 hours ago

    Yeah but we need the power to fuel the AI projects of all the billionaires and mega corps. And it’s reaching its limit, so we all have to pay for it.

    So yeah, just use less lights, watch less porn, but we will have AI which will replace your job in the future in return! Keep on paying!

  • GroundedGator@lemmy.world
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    1 day ago

    We need some sort of tax on any single location that uses above a certain threshold of electricity. I suspect that just the opposite is happening.

  • Optional@lemmy.world
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    1 day ago

    How odd. Welp, I guess it’s just a mystery we’ll never solve.

    Hey! Who’s up for stripping some more rights away from women! Yeah!

  • reddig33@lemmy.world
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    1 day ago

    Meanwhile, electricity generation is cheaper and more abundant than ever — thanks to renewables.

    • aramis87@fedia.io
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      1 day ago

      Not when AI and data centers are sucking up electricity and water faster than we can produce them.

      • captainlezbian@lemmy.world
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        1 day ago

        No that just means that there’s more competition for the electricity. Electricity is priced in a bid system. Price to bring another kW to market keep going down.

    • Corkyskog@sh.itjust.works
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      22 hours ago

      Moderation is good advice, if they take meth a lot then they would be an addict. You should only consume one small rock a day.

  • WoodScientist@lemmy.world
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    1 day ago

    There’s a manufacturer of high voltage transmission towers I’m aware of that has seen its annual revenue double over just the last 2-3 years. It’s a booming time for the electrical transmission industry. Good work if you can get it.

    • krashmo@lemmy.world
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      1 day ago

      I’ll ask Claude and Gemini to both make one for you. Then you can compare them and see which one you like more.

  • tal@lemmy.today
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    1 day ago

    That’s especially painful during the dog days of summer, when air conditioners are working overtime.

    Evaporative coolers use a lot less power to produce a given amount of cooling than air conditioning does. As long as the relative humidity is low enough where you are and you don’t need more than a given amount of cooling, that’s an option.