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Trump says nearly 200 firms have signed pledge to protect Americans from costs arising from datacenters

Trump says nearly 200 firms have signed pledge to protect Americans from costs arising from datacenters

Summary

President Donald Trump announced that nearly 200 companies and organizations have signed a voluntary pledge to prevent American consumers from paying higher electricity bills caused by building AI datacenters. The pledge covers companies providing 80% of power to U.S. homes and businesses and includes Republican governors and major utilities.

Key Facts

  • About 200 entities have signed the “Ratepayer Protection Pledge” to keep electricity costs down for Americans.
  • The pledge aims to prevent passing datacenter development costs onto consumers.
  • The initiative was announced at the Environmental Protection Agency headquarters.
  • It includes big tech firms like Google, Microsoft, Meta, Oracle, xAI, OpenAI, and Amazon.
  • Major utilities like NextEra and Duke Energy, plus 23 Republican governors, support the pledge.
  • Electricity prices have risen by about 4% over the past year, causing concern ahead of the midterm elections.
  • Some states, including New York and Texas, have introduced or considered bans or moratoriums on datacenters due to environmental and social concerns.
  • Environmental groups criticize the pledge as weak and say it lacks real measures to lower energy bills.
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