Wholesale auction prices for electricity are hitting record highs, even as grid reliability is falling to record lows. Residential prices are climbing to match with Residential electricity rates [are] increasing faster than inflation. Data centers also demand water faster than local communities can provide it, especially on the hottest days of the year when many municipal water systems are already under strain. (23:19–23:23)
CLAIM
Asserts that residential electricity rates are rising faster than inflation.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.