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Electricity Prices Rise in States with Decreased Demand
Electricity prices have risen significantly in states where demand has decreased, contrary to expectations that growth in data centers would drive prices up. Lower-income households are particularly affected, spending a larger portion of their income on energy. Utilities have invested heavily in infrastructure, and as demand falls, the fixed costs are distributed among fewer customers, leading to higher bills for those remaining.
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Electricity prices have risen significantly in states where demand has decreased, contrary to expectations that growth in data centers would drive prices up. Lower-income households are particularly affected, spending a larger portion of their income on energy. Utilities have invested heavily in infrastructure, and as demand falls, the fixed costs are distributed among fewer customers, leading to higher bills for those remaining.
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