US officials move to rein in utility profits as power bills rise

US officials are stepping up scrutiny on utility profits amid soaring power bills, especially from the data center sector. Regulators and politicians are debating how much financial gain should be allowed to shareholders during the infrastructure build-out to meet growing data center demand. This move highlights concerns about the balance between necessary investment and excessive profit margins, which could have broader implications for consumer costs and the sustainability of energy projects. For more details, check out the full article on the Financial Times website.