Hardware

Indiana power provider proposes $59 million rate cut for state, says data centers and other large customers are driving increased revenue — move could potentially save residential users $100 annually

I&M, which serves part of Indiana, says that it plans to cut electricity prices for the state, resulting in savings of about $59 million for residential users. This translates to about $100 a year for each home, with the savings coming from increased revenue from larger consumers like data centers.

Many talks between data center developers and local governments are wrapped in secrecy behind non-disclosure agreements — residents question the need for NDAs, but developers argue it’s important to avoid ‘running afoul of insider trading rules’

Researchers discovered that most negotiations between data centers and local governments are protected by NDAs. These documents keep details in secret, with residents having a difficult time finding information about these projects because of the agreements.

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