Higher electric bills are being noticed, and research suggests data center growth may be a contributing factor. The Federal Reserve Bank of Dallas found that data centers have already increased average wholesale electricity prices by an estimated 2 to 6% nationwide. Growing demand could continue to push costs higher through 2028.

Residents are feeling the impact of these increases, with some reporting monthly bills rising by $50 or $60. The added cost is affecting overall budgets, leaving less money for other expenses like food.

Further details on the impact of data center growth on electricity prices are available from the source.