News / Business & Economy

Do Data Centers Have a Smaller Effect on Electricity Prices Than We Think?

"According to a new study by researchers at Harvard University and the University of Pennsylvania, data centers are probably having only a small effect on residential electricity prices," reports the Washington Post. "The researchers calculated that these operations were responsible for just 4% of the utility rate increases over the last five years..." There are certainly some areas — like in Pennsylvania, Virginia, Ohio and other states covered by grid operator PJM — where data centers have skyrocketed demand, pushing some costs onto residential customers. But multiple studies by different re

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