Assembly hearing spotlights how AI data centers, crypto mining could affect residential energy costs
Lawmakers, regulators, utilities and advocates debated whether and how large energy users such as AI data centers and cryptocurrency mining facilities should pay for the grid upgrades and commodity costs their projects require, and whether existing rules protect residential ratepayers.
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ALBANY, N.Y. — The New York State Assembly Energy Committee on Oct. 27 held a multi-hour hearing on “Protecting Residential Ratepayers from Certain Increased Energy Costs,” focused on how rapid demand from large energy users — notably AI data centers and cryptocurrency mining — might affect electricity prices and reliability for households.
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