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Follow the money

Who actually benefits?

Incentives are not free money. They are a transfer. Put public benefit and public cost on the same page.

Estimate
  1. 01

    Landowners

    Sell or lease. Often the first and quietest winners.

  2. 02

    Construction / electrical / mechanical

    The large temporary check. Electricians especially.

  3. 03

    Utilities

    New revenue if tariffs recover costs. New risk if they do not.

  4. 04

    Equipment makers

    Transformers, CDUs, generators, UPS. Usually not local.

  5. 05

    Chip companies

    The GPUs. Allocation, not a local factory.

  6. 06

    Operators / cloud

    The rent or the captive workload.

  7. 07

    Local government / schools

    Property tax — unless an abatement says otherwise.

  8. 08

    Workers

    Construction first. A small ops crew later.

  9. 09

    Investors

    Capex is the product.

  10. 10

    Customers

    Cheaper or closer compute — sometimes. Ads, banks, hospitals, models.

Public benefit

Tax base, construction wages, fiber, a dedicated substation that can be reused, apprenticeships that actually enroll, research that actually runs.

Public cost

Abatements, socialized wires, purple-pipe upgrades, noise, land that is no longer something else, a queue that moves a generation plan.

CPS briefed $110 million in data-center contract revenue. That is a utility figure, not a school-district PILOT, and not a household rate cut.

Data last checked 2026-09-04 · Current public data is a snapshot, not a live meter

Show me the receipts