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Elon Musk Says AI Data Centers Are Lowering Electricity Prices for Consumers. Here's What We Found When We Ran the Numbers.

Summary by 24/7 Wall St.
At 10:18 a.m. ET on Monday, Elon Musk told his audience that “AI data centers resulting in lower electricity prices for consumers” and pointed to a post claiming Georgia Power’s new large-load contracts, overwhelmingly data centers, will save customers nearly a billion dollars, erasing about $180 per year from their bills. The post reached more […]

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On 14 September, Elon Musk resumed on X the announcement of Georgia Power: contracts signed with large consumers, including the data center of OpenAI in Georgia, must lower the electricity bill of all the customers of the network. On the same day in Madrid, the Vice-President of the European Commission Teresa Ribera asked the opposite: to supervise the development of the network's...

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Elon Musk has recently shared a message that has resonated in the technological and energy field. According to the entrepreneur, the data centers dedicated to AI are playing a crucial role in reducing electricity prices for consumers. This statement resonates especially in a context where energy demand is ... Read more The article Elon Musk states that the data centers of AI are reducing electricity prices for consumers appeared for the first ti…

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24/7 Wall St. broke the news in Lakewood, United States on Monday, September 14, 2026.
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