Comment by tonetegeatinst 9 hours ago
Remember prior to the AI boomb electrical bills were still high.
Now we see more demand and the building of the grid to meet that demand....yet the high cost is still remaining the same.
The price isn’t the same, it’s more expensive, and it’s going to get worse before it gets better. This particular project is slated to take a decade — the last nuclear reactor that the US built was also slated to take a decade. It just opened in 2024, and was approved for construction in 2009. This is a long-view solution to a right-now problem.
We should have been keeping up with this infrastructure stuff all along… but I’m really not convinced all of these companies are going to be using this shit in 5 years, anyway.
I've begun to realize that the prices of everything seem artificially set to lock us into some form of farming. Carefully balanced.
Look for home prices, doesn't matter where in the US it's always like $350-$400k. Why?
Most of the cost of residential electricity is the distribution network, not generation. Supply/demand dynamics only really come into play during extreme scenarios like the Texas winter outage a few years ago.