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Interesting thought. It would be crazy if turning down business was preferable to just raising prices to reflect increased energy costs. I'm not a cloud expert, but maybe they don't have the infra to price differently in some regions?

That’s the problem with charging average costs (assuming they do that) but the new user costs are at the margin which can be muuuuch higher.
Azure definitely has the ability to charge differently per region. They do it pretty frequently.

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