Data centers just handed PJM customers a $9.4 billion surprise. (Bloomberg)
According to the grid’s own watchdog, capacity costs on its grid jumped 180%, with the majority tied to new and forecasted data center load. A Google exec put it this way: “We are now imposing a significant cost on the system.”
The result: households and businesses from Illinois to D.C. will see the hit on their utility bills starting this month.