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US Business · fortune.com · Tuesday, 14 July 2026

Data Centers Have Shifted $23 Billion of Electricity Costs to Consumers, Watchdog Warns

A PJM market regulator says data‑center growth has pushed residential electricity bills up by $23 billion so far this year, calling it a "massive wealth transfer" to tech firms. The surge stems from a peak‑demand loophole that lets data centers recover costs, leaving ratepayers to foot the bill. Regulators fear the trend will deepen as more servers crank up power use.

Read the source: fortune.com ↗In the 14 July issue →