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eco-business.comThe state-run Korea Electric Power Corp. said it will maintain electricity rates for July through September. The adjusted fuel cost component stays at its maximum level of 5 won per kilowatt-hour.
BenzingaCastle Ventures partner Nic Carter reviewed government and industry reports and found no evidence that AI data centers have driven up residential electricity prices. He noted that states with the most data centers currently have the lowest rates.
FortuneOfficials and lawmakers in Arizona, Indiana, Maryland, New Jersey, New York and Pennsylvania are challenging proposed electricity rate increases. The moves follow rising bills linked to data center demand and utility profits.