Data centers cut property taxes and funded public projects. So why is Loudoun County hitting the brakes on development? An electric cooperative operating in the heart of the Northern Virginia data center industry is raising its rates for purchasing power to meet rising demand for electricity by data centers and other large-load customers and to offset higher prices it pays for equipment to serve its customers because of inflation. Before data centers became a central topic of Virginia's budget debate, the Richmond Times-Dispatch last year took a deep dive into the topic, resulting in a three-day series on data centers and the key issues they pose. Read it all below. Proponents say data centers bring localities enormous revenues and opportunities.
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