Consider:
1. Lawmakers literally do not care what you think (study from Princeton) [1];
2. Private utilities are more expensive than public utilities [2]; and
3. Nobody goes to war over a solar panel [3].
All of this is relevant here.
The privatization of utilities has shown to be a massive mistake, in part based on debunked economics (ie the tragedy of the commons). Demand is very inelastic so they have to be highly regulated. The electricity price is set by lawmakers so how do they make profits? By building more infrastructure because that cost can be passed on to consumers.
So if a hyperscalar needs 6GW of power, you need to build massive transmission lines and power plants. That's great for private utility profits. And that's what we're all paying for. The DCs are usually getting subsidized electricity as well as not paying for the extra infrastructure.
So many things would be better if we'd had mass adoption of renewable power but that's bad for the wealthy. You install a solar panel and it just generates electricity every year. It can be built incrementally and quickly. It also tends to utilize land that is of little value otherwise, such as in the Southwest US. But fossil fuels make people wealthy. An oil or natural gas well declines in production over time. That means you have to keep building them. That's more profit.
This whole saga is revealing to a lot of people just how little lawmakers care about the voters. They'll ignore protests and vote anyway. They'll do it in secret. If they get voted out, who cares? They'll magically find their way into jobs for these companies.
[1]: https://act.represent.us/sign/problempoll-fba
[2]: https://energyandpolicy.org/utility-profit-report/
[3]: https://www.theenergymix.com/no-one-goes-to-war-over-a-solar...