utility

Utility companies planning to invest $1.4 trillion in power grids for AI, report finds

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U.S. utility companies are planning to invest $1.4 trillion over the next five years to help strengthen the nation’s power grid, according to a new report released Tuesday by the nonpartisan nonprofit consumer education organization PowerLines. CBS News MoneyWatch reporter Megan Cerullo has more details. Source link

Utility companies to spend $1.4 trillion over the next 5 years amid data center boom

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U.S. utility companies are planning to invest $1.4 trillion over the next five years to update the nation’s ailing power grid as the data center boom intensifies the need for electricity. That’s according to a new report released Tuesday by the nonpartisan nonprofit consumer education organization PowerLines, which analyzed capital spending plans from 51 investor-owned utilities. A … Read more

Boy in France kept in locked utility van for nearly 2 years before being rescued this week

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A 9-year-old boy was rescued this week after living locked in his father’s utility van in eastern France since 2024, according to the local prosecutor. The child has been hospitalized, and his father was detained. Police were alerted by a neighbor to “sounds of a child” coming from a van on Monday in the village … Read more

CBS News price tracker shows how much food, gas, utility and housing costs are rising

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As consumers cope with lingering cost-of-living pressures and the potential impact of tariffs, CBS News is tracking the change in prices of everyday household expenses — from food to utilities and rent. Use the tool below to explore price changes in dozens of items across different categories. About the data The categories in this tracker … Read more

A Virginia boater is suing a Washington utility for the Potomac River sewage spill

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WASHINGTON — A Virginia boater is suing a Washington water utility for negligence in the collapse of a pipe that leaked millions of gallons of raw sewage into the Potomac River. The class action lawsuit filed Friday in U.S. District Court in Greenbelt, Maryland, comes weeks after a January sewage pipe collapse, shooting wastewater out … Read more