Data centers can actually lower energy prices when properly structured, as they pay for infrastructure upgrades that benefit all customers and increase grid utilization, rather than raising prices as commonly believed.
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Why Data Centers Can Lower Energy Prices When Structured CorrectlyAdded:
One, data centers are going to make my energy prices go up.
That's not true. We work with the leading energy utilities across the country. And the reality is every time a data center is built, especially today at large scale, we come in, we pay for what is called a kayak, which is we pay for all the infrastructure and system upgrades to be able to trans- transport that energy. And that goes to the overall system. So, all the people who are consuming energy get the benefit from those system upgrades as well. And then the energy supply itself, we pay and commit to the consumption of that power as well. And so, in a lot of these utilities, and you're seeing more of them start post data about this, but energy prices actually come down with data centers coming online cuz you increase the utilization and you upgrade the infrastructure. But, like there's some areas where you might have a really bad kind of summer storm and energy prices go up, and you have other criteria that are happening and people blame it on data centers, right? But, the real kind of facts seem the opposite, which is energy prices have gone down in a lot of areas where they're structured correctly.
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