The optimistic read is that this can apply to electrification, too. Electric vehicles and heat pumps need not raise bills (and may lower them) while cutting emissions.
Comments very welcome on the preprint. Read it here: arxiv.org/abs/2606.19777
We estimate that data centers caused average retail electricity rates to fall modestly in the United States from 2015 to 2024 using an instrumental variables approach. Despite prevailing sentiment, th...
