Wes Cummins
👤 SpeakerAppearances Over Time
Podcast Appearances
What is the net result of that?
We have saved the rate payers in the region like 35 plus million dollars over the past four years.
because the utility gets to charge us for power that wasn't being used.
We pay for any new infrastructure and then they have to share some of that earnings back to the rate payers.
And so the rate payers actually see their electricity bills go down and not up.
And that's all in how you choose the site, where you go.
The community there loves us.
We're building, you know, an out-of-the-way area.
But they're seeing all the economic benefit.
They're seeing all the tax benefit.
They're seeing all of the big benefits that we bring.
And then you take, you know, what was a slowly shrinking town.
into growth and not too much growth right there's there's the growth from the construction but then at the end we train locally you know 80 85 percent of the jobs uh but it's two or three hundred jobs for that town is 1100 people so you're not overwhelming them with with a bunch of jobs but you bring jobs that pay two and a half to three times on average the average household income of north dakota highly technical jobs that we can train for locally
So these are the things that we're doing because that's become the biggest hurdle, but it's not a new hurdle for us.
And it's something we've been done since the inception of the company, but it's something new for a lot of data center companies.
They used to get a fly under the radar and never have
any issues.
They just apply for permits and the data center gets built and they ask for more electricity from the grid, like I said, in these key data center markets.
So we've had to go about it in a different way.
But I think that's going to be a big benefit to us.