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AI Data Centers: Energy Markets in the Sixth Industrial Revolution

  • Rappahannock Electric Cooperative proposed a special rate for big users like data centers to protect current ratepayers.
  • Legislators are concerned that data centers' high power needs could raise costs for other consumers.
  • The cooperative would charge data centers a monthly fee based on capacity, plus an upfront payment for equipment.
  • Jennifer Sebastian calculated a $666,573 monthly bill for a 268-megawatt facility under the proposed rate.
  • These measures aim to prevent data center costs from burdening other customers if a facility shuts down.
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Benzinga broke the news in New York, United States on Monday, April 21, 2025.
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