US electricity prices, you may have noticed, keep going up. And in some parts of the country, like here in the DC region, they’re soaring. In Virginia, for example, electricity rates are up 13% this year, an issue Democrats highlighted as they swept back into power in Richmond earlier this month.
Burgeoning electric bills also factored into Democrats’ November wins in New Jersey and Georgia. But let’s stick with Virginia for a moment, where energy-sucking data centers are so plentiful that if northern Virginia’s DC suburbs were to secede, the new country would have more data center capacity than China.
As a result of these data centers, this new country would likely suffer from crippling electric bills. “Wholesale electricity [now] costs as much as 267% more than it did five years ago in areas near data centers. That’s being passed on to customers,” read a recent Bloomberg subhead.