Electricity Is Becoming Unbelievably Expensive as the US Power Grid Decays Into Ruin

The US electrical grid is facing a stress test like never before. Thanks to a perfect storm of AI power consumption, climate crisis, crony capitalism, and a president bent on uprooting perfectly good energy infrastructure, the country's already-struggling power system is rapidly crumbling as costs balloon into the stratosphere.

A recent analysis by Bloomberg underscores just how dire it's getting. In the country's largest continuous grid — a 13-state monstrosity managed by PJM Interconnection LLC — the media company notes that power costs have set record highs for two years in a row.

Spanning from Indiana to eastern New Jersey, PJM's footprint includes some 65 million residents, as well as a constellation of tech industry mega-sites known as Data Center Alley. While the cost of electrici