President Trump Expands Ratepayer Protection Pledge Amid Rising Electricity Costs
President Trump announced the expansion of the 'Ratepayer Protection Pledge,' a nonbinding commitment aimed at preventing U.S. consumers from bearing the costs of AI data center expansions. The pledge, initially signed by seven tech companies, now includes entities delivering 80% of U.S. power. The announcement comes amid rising utility prices and concerns over the environmental impact of data centers. Critics, including environmental groups, argue that the pledge lacks substance and fails to address the root causes of high energy bills.