The Kobeissi LetterNewsroom
US electricity prices near highs as AI data-center demand rises

US residential electricity prices rose 11% since Jan 2025 to 19.6 cents/kWh in Aug 2026, near an all-time high, with larger jumps in states like Maine (+90%). The post ties the surge to AI-driven data-center electricity demand and higher wholesale prices near major data centers (+267% from 2020–2025