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> There's nothing inherent that means a data center in a locale should cause individual residential customers to pay more. Well the utility will have to make i
by mschuster91 11mo ago
> There's nothing inherent that means a data center in a locale should cause individual residential customers to pay more.
Well the utility will have to make investments that are on a depreciation schedule anywhere on the scale of 20-50 years... so there will have to be a general rate hike to cover for the bank loan (banks aren't stupid, they want at least something in incoming cashflow increase), and when the AI bubble pops, guess who will have their rates hiked a second or third time? Yup the average consumers.