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Oregon Power company hikes data center bills by 30%, cuts residential electricity costs by 1.3%
(www.tomshardware.com)
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Lol, 1.3% is meaningless
So what did they do with the rest of the money?
There are only so many data centers, so by hiking their rates 30% then they were able to reduce the already paid rate of probably 1.5M households by 1.3%. They didnt increase everyones rates 30% and then reduce it to 28.7% for the residential customer.
1.3% is pretty significant when youre talking about over a million accounts. Data centers use a ton of energy but thats a handful of accounts by comparison (or literally)
But nothing is good and everything sucks so this is invalid
Have you seen other power companies lowering prices instead of increasing them?