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In June 2025, New Jersey families opened electric bills that were $22 to $28 a month higher. Same houses, same weather, no new pool. The biggest reason had been decided eleven months earlier — in an auction for power plants most people have never heard of. And the new demand that drove the price up came from buildings full of computers. This is how artificial intelligence got into your electric bill: the PJM capacity auction that serves 65 million people across 13 states and D.C., the data-center boom in Northern Virginia, the record shortfall, the emergency auction federal regulators sent back — and why it has become one of the hottest issues of the 2026 midterms. CHAPTERS 0:00 The bill nobody expected 1:20 The auction 3:12 The new customer 5:06 The bill 7:13 The shortfall 8:55 The vote 10:21 The next bill Facts current as of 12 October 2026. Bill impacts vary by state and utility; projections are labelled as projections. SOURCES PJM 2028/29 auction results, $325/MW-day, 6,831 MW short (14 Jul 2026) — PJM Inside Lines: https://insidelines.pjm.com/pjm-capacity-auction-procures-138318-mw-of-generation-resources-as-work-continues-to-address-growing-electricity-demand/ 2024/25 → 2025/26 price ($28.92 → $269.92); 63% attributed to data centers — IEEFA (30 Jul 2025): https://ieefa.org/resources/projected-data-center-growth-spurs-pjm-capacity-prices-factor-10 Data centers: $29.4B of $63.6B over four auctions — Utility Dive (20 Jul 2026): https://www.utilitydive.com/news/pjm-data-centers-capacity-auction-imm-bowring/825626/ PJM wholesale cost $67B (+54%), capacity +262% — Utility Dive (13 Mar 2026): https://www.utilitydive.com/news/pjm-capacity-energy-market-reliability-monitoring-analytics/814647/ EIA February 2026 prices (+9.0% all, +7.4% residential; VA/OH/PA) — Utility Dive (24 Apr 2026): https://www.utilitydive.com/news/electricity-retail-prices-february-eia-affordability/818425/ PJM peak demand +32 GW by 2030, all but 2 GW data centers; NRDC ~$70/month projection — Canary Media (18 Dec 2025): https://www.canarymedia.com/articles/data-centers/pjm-record-capacity-costs-rising-bills New Jersey June 2025 bill increases — CBS News Philadelphia (Feb 2025): https://www.cbsnews.com/philadelphia/news/new-jersey-energy-power-bills-going-up-2025/ FERC partial approval, Chair Swett quote, NOVEC collateral, timeline TBD — Utility Dive (30 Sep 2026): https://www.utilitydive.com/news/pjm-delays-backstop-procurement-ferc-data-center/831751/ Polls, Ohio and Pennsylvania races, Washington Post analysis — Brookings (25 Aug 2026): https://www.brookings.edu/articles/why-data-centers-are-a-top-issue-in-the-2026-midterms/ Indiana cost-allocation test; household impact ranges — Moneywise via Yahoo Finance (16 Dec 2025): https://finance.yahoo.com/news/ai-data-center-boom-raising-124500835.html Three Mile Island / Crane Clean Energy Center restart for Microsoft — Constellation & Microsoft announcement (20 Sep 2024); 2027 target as reported. MUSIC (Kevin MacLeod, incompetech.com — Licensed under Creative Commons: By Attribution 4.0, http://creativecommons.org/licenses/by/4.0/) "Crypto" · "Hidden Agenda" · "Ossuary 6 - Air" · "Dark Times" · "Echoes of Time v2" · "Lasting Hope" IMAGES & FOOTAGE (Wikimedia Commons / Library of Congress; licence per item) Data centers in Ashburn, Virginia · Theodore Christopher · CC0 Google data center, Council Bluffs, Iowa · Chad Davis · CC BY 2.0 Google data center, The Dalles, Oregon · Tony Webster · CC BY 2.0 AWS data center, Oregon · Tedder · CC BY-SA 4.0 AWS data center buildings, Ashburn · Vahurzpu · CC BY-SA 4.0 CERN computer centre · SimonWaldherr · CC BY-SA 4.0 Three Mile Island · formulanone · CC BY-SA 2.0 Three Mile Island, 2019 · Constellation Energy · CC BY-SA 4.0 Three Mile Island · U.S. Nuclear Regulatory Commission · CC BY 2.0 Three Mile Island, April 1979 · U.S. National Archives · public domain Power lines, Maryland · Ben Schumin · CC BY-SA 2.0 Substation transformers, Colorado · Greg Goebel · CC BY-SA 2.0 Substation, Hoboken · Alec Perkins · CC BY 2.0 Pennsylvania State Capitol · Kumar Appaiah · CC BY-SA 2.0 Ohio Statehouse · General Ization · CC BY 3.0 Gov. Josh Shapiro, Dec 2025 · Maryland GovPics · CC BY 4.0 Lansdowne, Loudoun County, Virginia · Dclemens1971 · CC BY 4.0 Google data center, The Dalles · Visitor7 · CC BY-SA 3.0 Stanford Research Computing Facility · SLAC · CC BY AWS data center, Oregon · Tedder · CC BY-SA 4.0 Immersion-cooled servers · Rolf Brink · CC BY-SA 4.0 Family time on Daly Street, South Philadelphia · Carol M. Highsmith (Library of Congress) · public domain Whitman neighborhood, Camden, NJ · Smallbones · public domain Homes on Hillcrest Avenue, Ewing, NJ · Famartin · CC BY-SA 4.0 Row houses, Philadelphia · Carol M. Highsmith (Library of Congress) · public domain Pressurized-water reactor animation · Tennessee Valley Authority · public domain #Electricity #AI #DataCenters
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