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Will Data Centers Drive Up Your Electric Bill?

March 4, 2026

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Will Data Centers Drive Up Your Electric Bill?

Major tech companies are pledging to build their own power plants for AI data centers to shield consumers from rising electricity bills, a commitment championed by President Trump. Experts are skeptical, arguing the pledge is likely non-binding and that increased energy demand will inevitably inf...

Startup Challenges 140-Year-Old Transformer Tech

The iron-core transformer, a century-old technology, is being pushed to its limits by rising data center energy demands and renewable integration, creating a major opportunity for modern solid-state replacements. Startups developing solid-state transformers have attracted significant venture capi...

Lawmakers Probe Data Centers' Impact on Rising Power Bills

U.S. senators are investigating major tech and data center firms, alleging their soaring energy demands force utilities to build expensive infrastructure, with costs unfairly passed to residential consumers. The explosive growth of data centers, especially for AI, is a major new strain on the U.S...