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America's largest power grid is struggling to meet demand from AI: Rising prices out of the auction trickle down to everyday people's power bills. (www.reuters.com)

submitted 3 days ago* (last edited 3 days ago) by [email protected] to c/[email protected]

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America's largest power grid is under strain as data centers and AI chatbots consume power faster than new plants can be built.

Electricity bills are projected to surge by more than 20% this summer in some parts of PJM Interconnection's territory, which covers 13 states - from Illinois to Tennessee, Virginia to New Jersey - serving 67 million customers in a region with the most data centers in the world.

The upheaval at PJM started a year ago with a more than 800% jump in prices at its annual capacity auction. Rising prices out of the auction trickle down to everyday people's power bills.

For context: In 2019, I was paying $0.09/KWh and today I pay about $0.29/KWh with yet another rate hike looming.

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[–] [email protected] 10 points 3 days ago (4 children)

The only silver lining here is that it's lit a fire under me to get my small grid-tie solar setup out of storage (haven't installed it at my new house yet) and expand it.

When I had that running at my old house ($0.09/KWh), my 1.2 KW setup was only saving me about $7-10/mo at most, but at $0.29/KWh, I'm looking at about $27-30.

[–] [email protected] 1 points 3 days ago (3 children)

Don't you need an electrician to wire your house to tie in the panels?

[–] [email protected] 1 points 3 days ago (1 children)

Not really, unless you dont feel comfortable doing it. It's like hooking a generator to the house. You just need to connect the AC output of your inverter to the new circuit breaker in your electric panel.

[–] [email protected] 5 points 3 days ago

Checking prices the break even on that is years. So hook them up if you got them.

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