Donald Trump, president of the United States, said leading technology companies have agreed to build or secure their own electricity supplies for data centers, a move he said would help prevent energy costs from shifting to households and could reduce rates in states such as Florida.
The announcement follows a White House roundtable where executives from Amazon, Google, Meta, Microsoft, OpenAI, Oracle, and xAI signed the ratepayer protection pledge. The pledge is a voluntary commitment for companies to fund additional power generation and grid upgrades associated with data centers. This move addresses energy demands from artificial intelligence without impacting consumer bills, according to the White House.
“Under this new agreement, Big Tech companies are committing to fully cover the cost of increased electricity production required for AI data centers. And that would mean prices for American communities will not go up, but in many cases will actually come down and very substantially. This means that the tech companies and the data centers will be able to get the electricity they need, all without driving up electricity costs for consumers. Your electric bills will actually come down,” Trump said.
Utilities report that separate rate structures for large loads prevent residential price hikes. Federal data indicates electricity prices rose 6 percent in 2025, but the pledge aims to reverse such trends through private investment. The ratepayer protection pledge aligns with national efforts to manage AI-driven energy use as data centers account for increasing grid demands, according to Axios.
A poll cited by Associated Industries of Florida found 64 percent of Florida voters support building data centers in their communities when linked to property tax relief and job creation, including 77 percent of Republicans and 70 percent of Hispanic voters. The Florida Senate passed Senate Bill 484, which would require data center owners to pay the full cost of electric service and bar nondisclosure agreements with government employees. The measure is pending in the Florida House.
Globally, data centers consume about 1-2 percent of electricity with projections rising due to AI expansion. The U.S. leads in capacity; the pledge encourages on-site generation like nuclear reactors to enhance resilience. This supports domestic security by keeping critical infrastructure independent from foreign dependencies, according to The New York Times.
