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U.S. manufacturers in many Rust Belt cities and towns are paying higher electricity bills because the amount of power supply is disrupted across the United States. Increased profits for steelmakers and brick factories could also undermine President Donald Trump’s “Made in America” plan to revive US manufacturing, and it comes as Trump immediately lauded the technology companies behind the AI data center boom.
Factory electricity bills often rise faster than other business or residential customers, according to a Reuters analysis. It showed the example of Belden Brick Company, a 141-year-old brick manufacturer in Ohio, whose electricity bills have increased from $1,600 to $12,000 per month due to the monthly increase in the 13 area used by the group PJM Interconnection.
At this time, a The Steel Manufacturers Association warned that US steel companies in the Rust Belt region served by the PJM Interconnection are paying millions of dollars in higher electricity costs each year. Electricity accounts for 20 to 40 percent of total steel production costs.
