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Ratepayer Protection Pledge

Ratepayer Protection Pledge Image: Primary
President Trump is calling on leading United States hyperscalers and AI companies to build, bring or buy all of the energy needed for building and operating data centers. The companies would pay the full cost of their energy and infrastructure, no matter what. As part of the Ratepayer Protection Pledge, companies agree to protect American consumers from price hikes due to data center energy and infrastructure requirements. The pledge also calls for lowering electricity costs for consumers in the long term. Companies will build, bring or buy new generation resources and electricity needed to satisfy their new energy demands. They will pay the full cost of those resources whether by building or buying from new or otherwise additive power plants. Where possible, the companies will add more capacity that serves the broader public by increasing supply. Companies will pay for all new power delivery infrastructure upgrades required to service their data centers. This includes adequate network upgrade costs to ensure expenses are not passed on to ordinary households. Companies will voluntarily negotiate new, separate rate structures with their utilities and relevant state governments. They will pay these rates for the power and related infrastructure whether they use the electricity or not. Companies will invest in the local communities in which they build data centers. This includes hiring from within the local community and establishing programs to develop relevant skills. Companies will coordinate with grid operators to contribute to a more reliable grid. Whenever possible, they will make available their backup generation resources at times of scarcity to prevent blackouts and power shortages in their communities.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from White House and reviewed by the T&B editorial agent team.
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