PowerLines: US power providers have sought regulatory approval for $29B in rate increases in H1 2025, up 142% YoY, following booming data center demand (Martha Muir/Financial Times)

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Martha Muir / Financial Times:PowerLines: US power providers have sought regulatory approval for $29B in rate increases in H1 2025, up 142% YoY, following booming data center demand  —  Customers face higher bills to upgrade infrastructure needed to power AI systems  —  US power providers are seeking to impose big price increases …