Data center electricity demand is expected to drive up costs after recent power auction
Headline from The Hill
Data centers are expected to add billions in electricity costs across 13 states in the years ahead after a recent power auction. Grid operator PJM this week announced the results of an auction to buy power for the 13 states that it serves for June 2028 through May 2029.
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A power auction conducted by PJM Interconnection, the nation’s largest electrical grid operator, is expected to add $6.3 billion in additional charges to the electricity bills of millions of households and businesses across 13 Eastern states and the District of Columbia within the next three years.
Investment in data centers is growing exponentially. Solar PV and batteries dominate the power source ratings by executives, but natural gas is not far behind.
The rapid growth of data centers across the country has already stressed power demand and driven up electricity bills. And those impacts are only worsening. Americans could see $6.3 billion added to their energy bills within the next three years, an increase primarily driven by data centers.
Data centers are expected to add billions in electricity costs across 13 states in the years ahead after a recent power auction. Grid operator PJM this week announced the results of an auction to buy power for the 13 states that it serves for June 2028 through May 2029.
Data center electricity demand is expected to drive up costs after recent power auction | Since Then
