ComEd CEO Seeks Rules to Prevent AI From Boosting Energy Bills

The head of Chicago’s biggest electricity company has called for new rules to curb the impact of the artificial intelligence boom on consumers’ power bills.

Commonwealth Edison Co. has proposed modifications to tariffs that include higher deposits for data centers, according to Chief Executive Officer Gil Quiniones. He also wants data centers to post collateral in case “loads and revenues do not materialize as planned.”

“What really needs to happen is to make sure that we’re not shifting costs due to data centers powered by AI to all the other customers,” Quiniones said in the interview Wednesday.

Concerns are ...