US utilities plot big rise in electricity rates as data centre demand booms
Per the linked archived Financial Times article, "Utilities have sought regulatory approval for $29bn in rate increases in the first half of 2025, a 142 per cent increase over the same period a year ago...." That's an awful lot of cost risk being placed on the backs of existing ratepayers. If we had independent utilities, utilities that focused on the data center growth, and utilities that were competitive, we'd have utilities that not only reduce the cost risk for existing ratepayers but utilities that can move faster and be far more innovative.
Enabling a new generation of fast moving, innovative, and competitive utilities is what "Consumer Regulated Electricity" or CRE is designed to do. We've crafted a simple, no-risk, no cost to taxpayers or ratepayers state policy that would establish the needed state policy. To learn more about CRE, send us a message here on LinkedIn, follow us, and check out our website: Advocates4CRE.org.
