Electricity bills are going up 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 risen as much as 267% over the last five years in data center hot spots, according to the report, which also found that those costs are being passed onto home customers.

Data centers, which support functions including cloud storage, video streaming and AI training for companies of all sizes, use a tremendous amount of electrical and water resources . It's estimated that their electrical usage will double by 2035 as power plants expand to support our data needs.

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