alt Hacker NewsIt's important to ground the increase in raw numbers.
The total revenue for electricity generation was $514b in 2024. So this was a 4-5% increase in costs. And if it is being invested in better generation and our aging infrastructure, that seems fine.
Replies
The fact they gave a raw number instead of a percent of a quantity that is a change hinted that this was the case. $23B is more impressive than 4%.
> So this was a 4-5% increase in costs
…spread over an entire country.
I can't find anything breakdown in the article. But from what I have heard, you either live somewhere with a high concentration of new data centers and see a massive price increase of as much as 50%, or more likely you don't see any increase at all.
>> if it is being invested in better generation and our aging infrastructure
If.
It's 4-5% increase when averaged out across the population. Some have personally faced much larger increases.
Sure, but why should regular people pay for the upgrades needed to power data centers? The tech companies can surely afford that easily given their record profits for the past decade?