AI Data Centers Are Driving Up Electric Bills. Who Pays?

Entergy Says Data Centers Will Help Mississippians Save on Power. Experts Say Otherwise.

A May report from a Massachusetts-based consulting group estimates that Entergy customers have paid tens of millions of dollars for energy infrastructure serving Amazon’s data centers. Entergy maintains that its agreement with Amazon will benefit ratepayers, but the details of that contract are confidential under state law. The post Entergy Says Amazon Data Centers Will Help Mississippians Save on Power. Some Experts Fear Otherwise. appeared fir…

Watch SiTime CEO on Role in AI Data Centers, Renesas Deal

Rajesh Vashist, Chairman and CEO of SiTime, discussed the company's impressive triple-digit year-over-year revenue growth, attributing much of the acceleration to AI-driven demand and the expanding data center market. SiTime's technology plays a critical role in timing synchronization across various data center components, including TPUs, GPUs, switches, accelerator cards, optical modules, and cables, ensuring high performance and cost efficiency. He speaks with Romaine Bostick & Isabelle Lee on "The Close."

Who Pays for the High-Powered Grid that Data Centers Need?

The true scale of prospective projects that want to plug into the Texas grid is hard to hold in your head. As of August 3, the Texas governor’s office put the figure at more than 474 gigawatts of requests to connect, more than five times the grid’s record peak demand, and said roughly 90 percent of those requests are data centers. Many of those projects may never connect. Against that backdrop, the Public Utility Commission of Texas (PUC) publis…

Public Service Commission can demand transparency for Meta’s data center expansion

Politicians, regulators and corporate executives dig into a box of sand for a groundbreaking ceremony at the Franklin Farms Power Station site, which will supply electricity for Meta's data center in Richland Parish. (Photo courtesy of Entergy Louisiana)For months, Louisiana residents have watched as major decisions about economic development and the state’s energy future have taken place largely out of public view. They have involved the use of…

AI Data Centers Are Driving Up Electric Bills. Who Pays?

Who pays for the enormous grid investment required to serve data centers — the companies building them or consumers?

Louisiana leaders clash over how to keep Meta data center costs off household bills

Louisiana officials are trying to figure out who should pay for Meta's Hyperion data center if the company moves forward with installation, according to The Shreveport-Bossier Advocate. What's happening? The central debate for state leaders is how to handle fast-growing electricity demand without adding new costs to residential bills, The Shreveport-Bossier Advocate reported.  Supporters have cast the project as a major win for economic developm…