Chicago's average monthly electricity bill will rise by $10.50 due to expanding data centers.

Chicago residents will see their average monthly electricity bills rise by $10.50 due to increased demand from energy-intensive data centers. This hike, expected by mid-2023, reflects growing power needs as data centers expand. The study from the Jack Kemp Foundation warns of potential 70% energy bill increases over the next decade due to rising demand for AI and data centers, suggesting higher fees for data centers to ease the burden on consumers.

November 22, 2024
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