Electricity bills are rising around the US, but they're rising even more sharply in areas located near data centers, according to an investigation into power costs by Bloomberg . The price of wholesale electricity has increased by as much as 267% over the last five years in data center hot spots, according to the report, which also found that these costs are being passed on to home customers.

Data centers, which support functions such as cloud storage, video streaming, and AI training for companies of all sizes, consume tremendous amounts of electrical and water resources . Their electrical usage is estimated to double by 2035 as power plants expand to support our data needs.

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