Utility bills spike as power-hungry AI data centers boom, Bank of America report finds

New York PostFriday, October 24, 2025 at 8:20:34 PM
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Utility bills spike as power-hungry AI data centers boom, Bank of America report finds
A recent report from Bank of America reveals that utility bills for electricity and gas have surged in the third quarter of 2025 compared to the previous year. This spike is largely attributed to the increasing demand from power-hungry AI data centers, which are becoming more prevalent. This trend is concerning as it highlights the growing energy consumption associated with technological advancements, potentially leading to higher costs for consumers and raising questions about sustainability.
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