Amid headlines blaming AI for soaring power bills, a Berkeley Lab/Brattle analysis adds needed nuance: large loads can lower average rates where spare capacity exists, while aging infrastructure, wildfire mitigation, storms, and some mandate-driven procurement are major price drivers. Regulators and politicians are responding in real time: Virginia’s statewide races are now openly about who pays for grid growth, utilities are proposing special rate classes for hyperscale users, Michigan’s MPSC is weighing stricter IRP guardrails […]
