In 2022, the U.S. utility industry had roughly $15 billion in unpaid bills it was trying to collect.
By 2025, that number had hit $25 billion
The number of customers having their electricity shut off is rising, as well. This is happening at the same time as demand for electricity from artificial intelligence (AI) is rising dramatically. No wonder there’s a pushback against AI data centers.
Here’s the problem for investors, and some possible investment solutions. NextEra Energy jumps into an AI conundrum Virginia is one of the world’s most important data center markets. Dominion Energy (NYSE: D) operates in the state and highlights the demand growth it is seeing from AI as a catalyst for growth.