Report Projects $16B Ohio Electricity Cost Increase from Data Centers
A study by Columbus-based Scioto Analysis estimates that data center growth could add $16 billion to Ohio electricity costs from 2027 through 2034. The estimate draws on a national analysis of how rising demand from data centers and cryptocurrency mining may affect power prices, using a middle-demand scenario. The report also examines the economic benefits and costs of Ohio’s data center industry, including jobs, electricity prices, and pollution.
Scioto Analysis, a Columbus public policy research group, produced a 52-page report on Ohio data centers. Its $16 billion figure covers projected added statewide electricity costs from 2027 through 2034. The estimate applies a national scenario to Ohio retail electricity sales data from the U.S. Energy Information Administration.
That national study, led by Jeremiah X. Johnson, modeled added demand from data centers and cryptocurrency mining. It offered low, middle, and high scenarios—5.9%, 16%, and 29%—with Scioto selecting 16%. The study modeled average energy costs of $30.10 per megawatt-hour in 2030 under added demand, versus $25.90 without it. Scioto did not conduct its own Ohio grid modeling.
If the projection materializes, Ohio households, businesses, and industrial users could face upward pressure on power costs, though actual bills depend on utility rates and other charges. Data centers may also bring jobs and local investment while adding pollution and grid strain. Policymakers could weigh incentives and infrastructure planning against ratepayer effects. The estimate is modeled, not a confirmed rate increase, so its societal impact remains uncertain.