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Oregon Hits Data Centers, Crypto, and Big Power Users with 29.7% Hike, Dropping Home Bills
The change shifts more grid costs to data centers and other heavy users, while typical residential bills are expected to fall 1.3%, regulators said.
Summary
Oregon is shifting more of the cost of powering massive data centers, cryptocurrency operations, and other heavy electricity users away from households, and that change is starting to show up on monthly utility bills. Starting July 8, Portland General Electric's biggest power customers began facing a nearly 30% rate hike, while typical residential customers were expected to see a slight decrease. What happened? Electricity users with the greates…