EVER
COM:EVERGREENPOWERSOLUTIONS
Evergreen Power Solutions
- Privately Held
news - Jul 10, 2025 - 13:36
U.S. Power Utilities Seek Price Hikes on AI Demand
U.S. power utilities have applied for price hikes totaling $29 billion in the first half of 2025, a 142% increase from the first half of 2024, driven by rising demand from AI data centers. BloombergNEF forecasts electricity consumption will more than double over the next decade due to AI's energy-intensive nature. Ireland has imposed a moratorium on new data center construction until 2028, highlighting the growing challenge of balancing AI growth with energy affordability.
oilprice.comDescription
Evergreen Power Solutions offers services to help consumers find and manage electricity plans at competitive rates. The company uses group buying power to pre-negotiate pricing and handles service setups and renewals.