In the UK at least you are looking at electricity costs that are not that far away from those prices frankly.
It is not unexpected to pay 30p/kWh, which if you have a 500W graphics card is 15p/hr to play a AAA videogame, in graphics card cost alone. This ignores you will also be thrashing your CPU, which is maybe another 125W.
This is still a premium over that, but you don't need to buy the graphics card in the first place, so it's pretty understandable.
There is only one 500W GPU and those owners are cost insensitive so we can ignore them.
A more realistic number is 400-500W total power for the whole PC including the monitor. If a typical UK gamer spends 3 hours gaming every single day (or averages that, so 20 hours a week), they will add... £150 to their energy bills.
Lets compare that with two loads of laundry & tumble drying per week on eco mode (2 * 3.5kwh * £0.30 * 52) which is £110
or using a dishwasher twice a week: £40
It is not very much. And it's not subject to random licensing bait&switch, data center input lag, doesn't require the expensive monthly internet charges for the faster fiber tiers because you're streaming video data constantly, and you also have a PC to do with as you wish.
People are right to have an instinctive, emotional revulsion to game streaming. You can run the numbers and find a rational revulsion also.
If you rent in the cloud for 24 us cent per hour it works out to £195 in year with 3hr/day gaming. An Xbox Series X costs like £650 so the extra £45 you pay for streaming from a data center means your purchased Xbox will take ~15 years to pay for itself.
If your dishwasher costs 20 quid for a single run you have hired an actual human to wash your dishes. Same with your laundry example, those numbers are insane.
They are also irrelevant? I'm not really sure what point you're making?
I think game streaming is fine. You're still buy the games, you can still play them locally. I really don't see the issue. The Stadia model was bad, sure, but "rent out a gfx card over the network" is not something I think is worth ruffling your feathers over.