> Electricity prices near data centers go up, right?
I hear this a lot, but the most comprehensive study I've seen found the opposite -- that retail electricity prices tend to decrease as load (from datacenters and other consumers) increases [1].
The places where electricity prices have increased the most since 2019 (California, Hawaii, and the Northeast) are not places where they're building a lot of new datacenters.
[1] https://www.sciencedirect.com/science/article/pii/S104061902...