Remix.run Logo
AI is booming so are household utility bills(bloomberg.com)
22 points by 1vuio0pswjnm7 a day ago | 13 comments
ChiefNotAClue a day ago | parent | next [-]

Are there any utilities that have progressive rates electricity rates? Where the first X kWh are $0.12/kWh, the next Y kWh are $0.15/kWh, and then anything over Z kWh are $0.18/kWh, etc?

Though it seems that nowadays, much of that cost goes to taxes and fees, rather than electricity rate itself.

wetoastfood 10 hours ago | parent | next [-]

Texas has all sorts of options. Most power usage here is structured where individuals can select which Retail Electric Provider (REP) to use. They essentially wholesale energy from the grid. I had the (dis)pleasure of searching for a new contract after ours expired so have a refreshed memory of options: - flat rates

- discounted for more or less spend

- credits issued at X usage (which is only good at X specifically because its generally an expensive rate but it’s a marketing ploy for filter based searches).

- free or discounted night time or weekends

- etc.

If you can imagine they charge a certain way, there is likely someone trying it.

pjc50 21 hours ago | parent | prev | next [-]

UK utilities and a lot of others have regressive rates: you pay a standing charge per day, so low users pay proportionally more per unit consumed.

unmole 19 hours ago | parent | prev | next [-]

Most Indian discoms (power distribution companies) have progressive slab rates for households.

Klaster_1 a day ago | parent | prev [-]

Georgia has this.

k310 a day ago | parent | prev | next [-]

All programs, tariffs and subsidies are ultimately paid for by Joe consumer, who has an increasing percentage of the load, and absolutely nobody to pass the it along to.

Yeul 20 hours ago | parent [-]

Future generations? Just keep that national debt going up!

andsoitis a day ago | parent | prev | next [-]

So AI companies’ product, that they charge us for, also has a measurable impact on the electricity prices we, and presumably, all industries pay?

molteanu a day ago | parent | prev | next [-]

https://archive.ph/SaEDL

floppiplopp a day ago | parent | prev | next [-]

The AI hype is probably collapsing soon. But that won't solve the issue. It's basically the only thing that drives the ponzi scheme, sorry, the "stock market growth". It'll end in tears for working people again.

pingou a day ago | parent | next [-]

If it really grows that much and households then consume a small fraction of the generated electricity, it would be easy to tax the electricity generated for AI and just make it free for household consumers.

Fade_Dance 18 hours ago | parent | prev [-]

Not at all. Corporate earnings have been strong entirely disregarding the AI bubble.

We will likely look back and see that much of the misguided AI investment was a headwind rather than a tailwind to things like EPS growth.

ChrisArchitect 16 hours ago | parent | prev [-]

Weeks old news

Related:

Electricity prices are climbing more than twice as fast as inflation

https://news.ycombinator.com/item?id=44931763

Big Tech's A.I. Data Centers Are Driving Up Electricity Bills for Everyone

https://news.ycombinator.com/item?id=44905595

The U.S. grid is so weak, the AI race may be over

https://news.ycombinator.com/item?id=44910562