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U.S. Electricity Bills Set to Soar 8% by 2030

12/4/2025

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Summary

Story summary

U.S. electricity bills are projected to rise by an average of 8% by 2030, with Virginia up to 25%.
A June analysis by Carnegie Mellon University and North Carolina State University attributes the rise to data centers and cryptocurrency mining.
Utilities pass these costs to customers, while data companies incur no upfront expenses.
Science writer Dan Charles discusses implications for consumer electricity bills.

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Story summary

U.S. electricity bills are projected to rise by an average of 8% by 2030, with Virginia up to 25%.
A June analysis by Carnegie Mellon University and North Carolina State University attributes the rise to data centers and cryptocurrency mining.
Utilities pass these costs to customers, while data companies incur no upfront expenses.
Science writer Dan Charles discusses implications for consumer electricity bills.