Silicon Valley’s latest obsession isn’t just about algorithms and machine learning – it’s now devouring electricity like a tech-powered Godzilla.

Pacific Gas & Electric (PG&E) is riding the artificial intelligence wave, claiming the data center boom could actually lower your energy bills. Spoiler alert: we’re skeptical.

The AI Energy Goldmine

PG&E’s data center demand has skyrocketed from 5.5 to 10 gigawatts in just months, with plans to open 18 new data centers by 2030. Paul Doherty from PG&E boldly states we’re experiencing electricity demand not seen since the post-WWII era.

Show Me the Money (Savings)

Here’s where it gets spicy: while PG&E promises potential rate reductions, their track record tells a different story. Electricity rates have jumped 41% in three years and a whopping 70% since 2020. Meanwhile, the utility is posting record profits that would make Wall Street blush.

The Consumer Watchdog’s Bark

Jamie Court from Consumer Watchdog isn’t buying the corporate spin. He calls PG&E’s promises a “massive hedge” and suggests the AI data center “gold rush” might actually squeeze ratepayers’ wallets even harder.

A pending bill seeks to protect consumers by establishing special electricity tariffs for large users. But will it be enough to prevent tech’s insatiable energy hunger from draining our bank accounts? Stay tuned, Bay Area.