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Anthropic says it will cover electricity price hikes caused by its data centers

Anthropic will fund all grid upgrades and offset electricity price rises linked to its data centers, addressing a potential 25% cost increase in some U.S. markets by 2030.

  • On Feb 11, Anthropic announced it will work with utility companies to estimate and cover consumer electricity price increases and pay for 100% of grid-connection upgrades.
  • Political momentum has built as a 2024 report found data centers use roughly 4.4% of U.S. power and could surge to 12% by 2028, with expert analyses warning generation prices may rise roughly 25%.
  • Operationally, Anthropic says it will bring new power generation and grid capacity, cut power use during demand peaks, invest in research and grid-optimization tools, and work with local leaders and small businesses.
  • Anthropic's move also joins OpenAI, Microsoft, and Meta pledging to limit data-center cost impacts amid rising electricity rates and local opposition that delays projects, following its $50 billion data-center plan in New York and Texas.
  • Longer term, experts note that upgrading grids with transmission lines and substations is costly and slow, and Anthropic argues companies—not ratepayers—should cover tens of billions in data-center and grid costs to support U.S. AI competitiveness and national security.
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Reuters broke the news in United Kingdom on Wednesday, February 11, 2026.
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