Tag

Power Costs

All articles tagged with #power costs

business1 day ago

Microsoft Pledges Greener Data Centers and Lower Electricity Burden on Consumers

Microsoft unveiled a plan to curb water use at U.S. data centers and ensure power costs don’t fall on consumers by paying higher utility rates and working with utilities to expand supply. It will publish per-region water-use data, replenish more water than it uses, train local residents for data-center jobs, and include AI-literacy programs, with Wisconsin rate-structure changes also cited to prevent pass-through of data-center costs to residents.

business2 years ago

The Impact of Inflation on UK Consumers and Currency.

While inflation has been decreasing, electricity costs are still rising due to a lag in when wholesale power cost decreases filter down to retail prices, as well as rising costs for labor and maintenance. Most of the electricity in the US is produced by burning natural gas, the cost of which spiked last fall before dropping early in 2023. Power costs vary across the nation, with New Englanders predicted to see a typical monthly bill of about $180 this summer, $14 higher than last year, while the Southeast is predicted to see a slight drop in monthly bills to about $187, $8 lower than last year.