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Comment by SR2Z

9 hours ago

China averages 7¢/kWh, almost 1/3 of the US average at 19¢/kWh.

My rates (before PG&E were forced to concede) were as high as 49¢/kWh, a 7x factor.

These are residential rates and not industrial ones, but I hope my point is clear.

China has very cheap power compared to the US, there's a reason why they had to ban bitcoin to get rid of miners.

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SR2Z

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adamgordonbell  8 hours ago

Quebec has lower rates then 7¢/kWh at data center / wholesale level. Quebec spot market runs negative sometimes, apparently. And Oklahoma has cheap power, and probably other places. Not sure your utility bill is the place to get accurate numbers.

    "Mean wholesale electricity prices in 2024 were lowest in SPP ($27.87/MWh), the Southeast ($29.72/MWh), and Southern California ($29.95/MWh), and highest in the Northwest ($59.98/MWh)."

https://www.ferc.gov/sites/default/files/2025-03/25_State-of...

If my math is right, divide those by 10 for cents per kWh