If your eyebrows furrow when your energy bill arrives, you're not alone. The average household energy bill jumped by 5.5% from last year, with some areas seeing double-digit spikes.
Why are prices rising so much? There are many reasons. The arms race surrounding the development of generative AI projects is expected to increase the production of energy-consuming data centers by 50% by 2027. That number could grow to 165% by 2030, according to Goldman Sachs.
