Name: Trump's 'Rate Payer Protection Pledge' to Increase Costs for Tech Companies
Uploaded: 2026-02-25T02:54:00Z
Duration: 1 min 6 s
Description: President Trump announced that he has negotiated a new 'rate payer protection pledge.' It will require tech companies to pay increased electricity costs in communities where new AI data centers are being built.

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President Trump announced that he has negotiated a new 'rate payer protection pledge.' It will require tech companies to pay increased electricity costs in communities where new AI data centers are being built. Photo: Jessica Koscielniak/Press Pool

https://m.wsj.net/video/20260225/312617aa-0e84-4d06-8b27-94a57595e020/1/hls/manifest-hd-wifi.m3u8

President Trump announced that he has negotiated a new 'rate payer protection pledge.' It will require tech companies to pay increased electricity costs in communities where new AI data centers are being built.

Trump's 'Rate Payer Protection Pledge' to Increase Costs for Tech Companies

Many Americans are also concerned that energy demand from AI data centers could unfairly drive up their electric utility bills. Tonight, I'm pleased to announce that I have negotiated the new Rate Payer Protection Pledge. You know what that is? We're telling the major tech companies that they have the obligation to provide for their own power needs. They can build their own power plants as part of their factory so that no one's prices will go up, and in many cases, prices of electricity will go down for the community and very substantially down. This is a unique strategy never used in this country before. We have an old grid. It could never handle the kind of numbers, the amount of electricity that's needed. So I'm telling them they can build their own plant. They're gonna produce their own electricity. It will ensure the company's ability to get electricity while, at the same time, lowering prices of electricity for you and could be very substantial for all of your cities and towns. You're gonna see some good things happen over the next number of years.