This InvestorsObserver’s research digs into historical energy pricing across all 50 U.S. states to find out whether hosting large clusters of data centers have led to the increase of electricity prices. And if note – what’s driving those prices up?
The findings challenge the simplistic narrative that data centers automatically drive up local electricity costs.
Key takeaways:
Despite hosting the most data centers, Virginia saw only a 31% price increase, while California experienced a 64% jump.
Maine recorded the most dramatic price surge at 94.6% (2020-2025).
Counter-intuitively, states with more data centers have lower average electricity prices than less digitized states.
ABOUT SAM BOURGI
Sam Bourgi is a finance analyst and researcher at InvestorsObserver, bringing over 13 years of expertise in financial markets, economics, and monetary policy. His professional background spans the private, nonprofit, and public sectors, where he has held positions such as senior policy adviser, labor market analyst, and marketing director. Sam’s in-depth research and market analysis have been referenced by leading institutions and organizations, including the U.S. Congress, Department of Justice, Chicago Board Options Exchange, Bank for International Settlements, Boston University Law Review, Barron’s, and Forbes. Sam regularly appears on TV, including CBN, KFYR TV, and ABC30, and is often quoted by such media outlets as the SF Chronicle and MSN.
ABOUT INVESTORS OBSERVER
Investors Observer is a trusted source of independent financial analysis, market insights, and investment research for individuals and institutions. Founded to empower retail investors with actionable intelligence, InvestorsObserver delivers timely commentary, data-driven studies, and accessible financial tools designed to simplify complex market trends. Its research and insights have been featured by various media outlets, including Yahoo, The Guardian, Morning Star, Nasdaq, and more.
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