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Bloomberg

Southern CEO Warns of ‘Revolution' If Power Bills Aren't Cheaper

The chief of utility giant Southern Co. warned that Americans will revolt if they end up on the hook for the soaring power costs associated with AI demand. 'If we don't get affordability right, there will be a revolution in this country,' Chris Womack, Southern's president and chief executive officer, said at Chicago's inaugural Global Quantum Forum Tuesday. 'We all have to make sure that as we move down the pipeline with these projects, that we figure out how to price them in a way that puts down the pressure on existing customer rates.'