The only number that matters in energy-to-compute
All-in delivered power cost, how it is actually calculated, and how ours compares with the grid, with diesel and with ERCOT.
By Exusia Digital
Every valuation, every offtake negotiation and every hosting contract in this category starts with one number: all-in delivered cost per kilowatt-hour at the meter.
What "all-in" has to include
Fuel at the wellhead, generation capex recovered over the asset life, operations and maintenance, parasitic load for cooling and auxiliaries, and a realistic availability factor. A number that excludes any of these is not comparable to anyone else's.
Why we publish the comparison that hurts
US merchant power in ERCOT is cheap. Publishing it next to our own figure is not self-harm; it is the only way to signal that we know the global benchmark and are competing on something else, which is delivery certainty, location and in-country data residency.
What we are not claiming
We are not the cheapest power on earth. We are competitive against the alternatives available in this market, and we are structurally cheaper than anything drawing from the Nigerian grid or running on diesel. The full breakdown is here, and the assumptions behind it are published.