(Press spacebar to continue)

When Big Tech Comes to Town

By 2025, the world's largest technology companies command a combined market value of $21 trillion (1).

Companies like OpenAI and NVIDIA now strike deals worth tens of billions of dollars to build massive data centers across the United States.

Federal projections estimate these facilities will consume up to 12% of the nation's electricity by 2028, nearly triple their 2023 consumption of 4.4% (2).

This infrastructure boom promises to power the next generation of artificial intelligence. But in communities across the country, residents confront a different reality: soaring electricity bills, environmental degradation, and opaque decision-making that drastically impacts their lives.

THE REAL COST

(Press spacebar to restart)

A Bloomberg News investigation analyzed wholesale electricity prices at tens of thousands of locations across the United States. In areas with significant data center activity, wholesale electricity costs increased by as much as 267% over five years. These wholesale costs flow directly into the retail prices that households and businesses pay.

During the same period, residential electricity demand remained flat or declined in many regions. The increases stem not from growing household consumption, but from the rapid expansion of data centers and the infrastructure required to power them.

The pattern repeats across the country. In Ohio, average household bills increased by at least $15 per month in summer 2025, with utility companies and grid operators citing data center growth as a primary driver.

The pattern repeats across the country. In Ohio, average household bills increased by at least $15 per month in summer 2025, with utility companies and grid operators citing data center growth as a primary driver.

The facilities profiled here represent a small fraction of the data centers under construction nationwide. The bill is just beginning to come due.

CITATIONS