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flag U.S. electricity bills rose 40% since 2020 due to AI, EVs, and aging infrastructure, burdening low-income households.

flag U.S. electricity bills have risen 40% since early 2020, outpacing inflation, driven by surging demand from AI data centers, electric vehicles, and home electrification, along with aging infrastructure and higher natural gas costs. flag Utilities face over a trillion dollars in grid modernization costs, which are being passed to consumers, disproportionately affecting fixed-income households. flag In states like Florida, New Jersey, and Virginia, rising rates have fueled political debates, with some regulators offering data centers discounted power, potentially shifting costs to residential users. flag Experts urge policies to manage peak demand, such as shifting data center operations, to ease grid strain and stabilize bills.

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