Oregon Utility Raises AI Data Center Electricity Rates by 30%, Reduces Residential Costs

Portland General Electric has implemented a nearly 30 percent rate increase for industrial power customers including AI data centers and cryptocurrency miners, while simultaneously reducing electricity costs for residential customers by about 1.3 percent.

Tom’s Hardware reports that Portland General Electric, Oregon’s largest electricity supplier, will increase rates for large power consumers by 29.7 percent following unanimous approval from the state’s Public Utility Commission. The rate hike primarily targets large industries, AI data centers, and cryptocurrency mining operations, while residential users will see their costs decline by 1.3…

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