The AI boom’s hidden electricity bill — and why you’re paying it
For the third auction in a row, the price of keeping the lights on across a 13-state swath of the country slammed straight into the ceiling. It’s the clearest sign yet that America’s AI buildout has a bill attached, and increasingly, ordinary ratepayers are the ones paying it. What makes the finding notable is the source.
- ▪For the third auction in a row, the price of keeping the lights on across a 13-state swath of the country slammed straight into the ceiling.
- ▪It’s the clearest sign yet that America’s AI buildout has a bill attached, and increasingly, ordinary ratepayers are the ones paying it.
- ▪What makes the finding notable is the source.
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For the third auction in a row, the price of keeping the lights on across a 13-state swath of the country slammed straight into the ceiling. Recommended Video On July 14, PJM Interconnection — the largest grid operator in the U.S., serving roughly 67 million people from Illinois to Virginia and Washington, D.C. — announced its capacity auction for 2028-29 cleared at $325 per megawatt-day, the maximum allowed under its price cap, even as supply fell about 6.8 gigawatts short of what the grid needs to stay reliable. It’s the clearest sign yet that America’s AI buildout has a bill attached, and increasingly, ordinary ratepayers are the ones paying it.
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