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The Fox News Rundown

From Washington: Voters Pay the Price as AI Centers Surge Utility Costs

The Fox News Rundown

FOX News Podcasts

Politics, Daily News, News

3.41.7K Ratings

🗓️ 3 May 2026

⏱️ 28 minutes

🧾️ Download transcript

Summary

The rapid surge in energy demand from AI data centers and advanced manufacturing is pushing the American power grid to its limit, sparking a high-stakes race to secure the nation’s electrical future. This pressure on the grid is also impacting Americans, who have seen their energy bills increase significantly. Rep. Bob Latta (R-OH), Chairman of the Subcommittee on Energy, joins to discuss the necessity of an “all-of-the-above” energy strategy to maintain dispatchable power, how to keep energy bills down, and what must be done to ensure the United States outpaces China in the global competition for AI dominance. Plus, CMS Administrator Dr. Mehmet Oz joins to discuss his mission to eliminate waste, fraud, and abuse related to Medicaid. PHOTO CREIDT: AP PHOTO Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Sunday, May 3rd, 2026. I'm Jessica Rosenthal. Energy costs to power our homes and businesses are soaring, thanks in part to AI data centers and advanced manufacturing. The estimates are that those costs are only going higher in the coming years.

0:18.1

We've heard from the witnesses yesterday, the primitial agreement, I would say,

0:22.4

is that whoever needs to bring data centers online are going to have to pay for them.

0:29.2

And so that's something to be passed on to the consumers.

0:31.5

And this past week, federal fraud fighting efforts intensified as investigators rated several

0:36.2

businesses in Minnesota, as one Trump

0:38.3

administration official puts state Medicaid providers on notice.

0:42.0

This is a fundamental issue.

0:43.5

Somebody who's willing to steal your money if you're in a vulnerable situation is more than happy to steal your health.

0:49.6

They'll take your life.

0:50.3

This is the Fox News rundown from Washington. This week, an energy and commerce

1:04.1

subcommittee held a hearing examining electricity costs due to AI data centers. Homeowner

1:08.8

rates for power have been increasing. Utilities filed a record

1:11.9

$31 billion in rate increased requests last year. Last month, the Energy Information Administration

1:17.8

reported that as of February, total average revenues per kilowatt hour for electricity rose 9%

1:24.3

year over year. The ICF data center says residential retail electricity costs could

1:29.0

increase as much as 40% by the year 2030.

1:32.5

The world is at a precipice of great change, and we must get this right. It is no secret

1:37.6

that energy demands coming from data centers are raising concerns about affordability in

1:42.3

our communities.

1:43.3

House Energy and Commerce Committee Chair Brett Guthrie spoke at a subcommittee hearing this

1:47.3

past week on demand from AI data centers.

...

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