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At close · Tue, Jul 14, 2026
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HomeGlobal MarketsNorth AmericaData centers’ power expansion set to add billions in u…

Data centers’ power expansion set to add billions in utility charges

A power auction by a major grid operator is expected to drive $6.3 billion in added costs for consumers and businesses across 13 states.

The New York Times Business reports that a power auction conducted by a large grid operator is likely to increase electricity-related charges tied to data center growth.

According to the outlet, the added power demands are expected to affect consumers and businesses in 13 states and result in $6.3 billion in additional costs.

The development points to rising electricity needs from data centers and the resulting pass-through costs through the power system, the outlet said.

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