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Rising Energy Costs: AI, Gas Prices Drive Bills Up

6/30/2025

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Summary

Story summary

Electricity bills are climbing nationwide as natural gas prices soar and demand from AI-powered data centers intensifies. In Maryland, BGE's delivery rates have spiked, adding to the financial strain. New England faces an 11% surge in demand by 2034, fueled by heat pumps and electric vehicles, promising even steeper price increases ahead.

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Story summary

Electricity bills are climbing nationwide as natural gas prices soar and demand from AI-powered data centers intensifies. In Maryland, BGE's delivery rates have spiked, adding to the financial strain. New England faces an 11% surge in demand by 2034, fueled by heat pumps and electric vehicles, promising even steeper price increases ahead.