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-0.000328330206378955 0.000750469043151954 0.000328330206378955 0.00403377110694177 0.00759849906191358 0.0124765478424015 0.0127579737335835 0.0148217636022514
Stock impact report

Utilities may subsidize data center growth by shifting costs to other ratepayers: Harvard Law paper [Yahoo! Finance]

American Electric Power Company, Inc. (AEP) 
Last american electric power company, inc. earnings: 2/20 06:57 am Check Earnings Report
US:NYSE Investor Relations: aep.com/investors
Company Research Source: Yahoo! Finance
Utilities may subsidize data center growth by shifting the costs of serving the facilities to residential and other ratepayers, according to a paper released March 5 by the Harvard Electricity Law Initiative. The paper comes as American Electric Power, Dominion Energy, FirstEnergy and other utility companies are moving to serve data center developers such as Amazon, Google and Microsoft. Late last month, PPL subsidiaries Kentucky Utilities and Louisville Gas and Electric, for example, proposed a $3.7 billion plan to add power supplies for data centers. Typically, the cost of building power plants and transmission lines needed to broadly serve utility customers are shared by ratepayers. However, ratepayers may end up paying for the costs to serve data Read more
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