U.S. commercial power averaged 13.54 cents per kWh in May 2026, but California runs about 24 cents against Texas near 8. Why the state gap now shapes a building's bill more than efficiency, and how to hedge it.
JLL finds power is now a primary driver of property value, with high-power leases renting up to 49% higher. Why that lands hard as $875 billion in CRE debt matures, and how distributed energy answers both.
59% of real estate leaders expect AI to transform building operations, but only 36% have scaled it. Why the gap is about connected data, not software, and the project that shows the right order.
Investors paid $1 billion for 38 warehouses partly on a 15% data center-related leasing share. Why AI demand now spills into ordinary industrial space and makes grid capacity an underwriting variable.
Utilities asked for a record $18 billion in rate hikes in 2025 to toughen the grid, and regulators approve about 64% of requests. Why rate cases now decide a building's power cost for years.
Oil fell below $85 on deal hopes, but the cost of powering a building held. Why the five-year grid connection queue, not oil, is the real cost, and how onsite generation beats the wait.