Why Your Energy Bill May Double: The Impact of AI, Bitcoin, and Rising AC Costs

Doug McIntyre, editor-in-chief of Climate Crisis 247, warns of a significant increase in energy bills, potentially doubling within the next three years. This spike is largely driven by two factors: the rising use of air conditioning in extremely hot areas like Phoenix and Nevada, and the rapid expansion of energy-hungry artificial intelligence (AI) and Bitcoin operations across the country. McIntyre notes that within two years, the electricity consumed by AI and Bitcoin could surpass the total electricity usage of Japan. This growing demand for energy is likely to spark political and legal battles over who will shoulder the costs. As AI and Bitcoin applications continue to expand, consumers should brace for a sharp increase in their energy expenses.