The AI Boom’s Hidden Cost: Wholesale Prices Are Surging 41% in America’s Largest Electricity Market
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The post The AI Boom’s Hidden Cost: Wholesale Prices Are Surging 41% in America’s Largest Electricity Market appeared first on 24/7 Wall St..
Number in Focus: 41.1%
Quanta Services (NYSE:PWR) grew second-quarter 2026 revenue 41.1% year over year to $9.56 billion. That is almost exactly the 41% increase the U.S. Energy Information Administration forecasts for 2026 wholesale electricity prices in PJM, the country’s largest power market. Quanta’s revenue growth is a reported result from
Number in Focus: 41.1%
Quanta Services (NYSE:PWR) grew second-quarter 2026 revenue 41.1% year over year to $9.56 billion. That is almost exactly the 41% increase the U.S. Energy Information Administration forecasts for 2026 wholesale electricity prices in PJM, the country’s largest power market. Quanta’s revenue growth is a reported result from
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