The AI revolution is likely to drive up your electricity bill. Here's why.

"New Jersey residents got some bad news earlier this year when the state's public utilities board warned that their electricity bills could surge up to 20% starting on June 1. A key driver in that rate hike: data centers." Could states avoid such rate increases by offering data centers an alternative? "Consumer Regulated Electricity" or CRE is designed to do just that. By allowing for the creation of new, independent, competitive, and large-scale utilities, states will usher in a new era of fast moving and innovative utilities. Data centers will be drawn to that. And the more data centers drawn to that, the fewer that could drive up electricity bills to existing ratepayers. To learn more about CRE, send us a message here on LinkedIn, follow us here as well, and check out our website @ Advocates4CRE.org.

https://www.cbsnews.com/news/artificial-intelligene-ai-data-centers-electricity-bill-energy-costs/