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American Focus > Blog > The White House > President Trump Secures Historic Commitment to Keep Electricity Costs Down Amid Data Center Boom – The White House
The White House

President Trump Secures Historic Commitment to Keep Electricity Costs Down Amid Data Center Boom – The White House

Last updated: March 5, 2026 1:10 pm
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President Trump Secures Historic Commitment to Keep Electricity Costs Down Amid Data Center Boom – The White House
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In a notable gathering at the White House during President Donald J. Trump’s administration, the foremost players in America’s AI and technology landscape came together to endorse the Ratepayer Protection Pledge. This significant initiative, first introduced by President Trump in his recent State of the Union address, aims to facilitate the swift expansion of AI data centers while ensuring that electricity costs for families and communities remain stable.

This signing event symbolizes a significant advancement for energy affordability, American innovation, and working families:

President Trump: “Today, we fulfill a promise made in my State of the Union address last week as America’s largest tech companies officially endorse the Ratepayer Protection Pledge. This is substantial; it will greatly influence electricity costs… Under this agreement, leading tech firms are pledging to shoulder the expenses associated with increased electricity production necessary for AI data centers — meaning prices for American households will not only remain stable but, in many instances, may actually decrease.”

Secretary of Energy Chris Wright: “We are poised to excel in AI while curbing the rise of electricity prices because of the seven leaders gathered here today… The President recognized early on that we must be at the forefront of AI while also preventing electricity costs from rising—these goals are not mutually exclusive. These companies are intelligent and powerful; they can generate energy. We must collaborate with them. They are on board.”

Speaker Mike Johnson: “This is a triple win. Everyone involved has approached this with good faith, under the exceptional leadership of this President, to achieve this for the nation. The timing is impeccable. Trust isn’t granted by communities and local stakeholders; it’s cultivated over time — and this pledge plays a pivotal role in laying that foundational trust for the future.”

Senator Jon Husted: “The Ratepayer Protection Pledge, Mr. President, exemplifies outstanding leadership by addressing the concerns of the public. As data centers construct new power plants, we pave the way for energy stability—ensuring affordable and reliable electricity for the American populace, effectively aiding them in their affordability struggle.”

Michael Kratsios, Director of the White House Office of Science and Technology Policy: “American AI leadership should not come at the expense of the hardworking Americans who struggle with their electricity bills… Through this pledge, we are encouraging these companies to think beyond conventional limits regarding data center construction by finding innovative ways to reduce overall electricity costs, ultimately fortifying grid resilience and generating more American jobs in the communities hosting these data centers. By signing this pledge, these companies are holding themselves accountable to you, Mr. President, and to the American public.”

David Sacks, White House Special Advisor for AI and Crypto: “Today, President Trump secured a commitment from leading tech companies that the establishment of new data centers will not escalate electricity prices for residential consumers. These firms, which include Amazon, Google, Meta, Microsoft, OpenAI, Oracle, and xAI, have signed the Ratepayer Protection Pledge, agreeing to cover all new power generation costs associated with their data centers, ensuring that these expenses won’t be passed on to American households. This approach stands in stark contrast to Bernie Sanders’ total ban on new data centers, which would stifle the construction boom fueling wage and job growth for blue-collar workers. In fact, the Ratepayer Protection Pledge is projected to reduce electricity prices as AI companies fund grid enhancements and sell surplus power back. Since the onset of his second term, President Trump has been a proponent of allowing leading AI firms to also function as power providers, and now this vision is materializing thanks to his leadership and the commitments from these robust American companies. The right strategy for data centers is not to halt progress altogether but to safeguard residential ratepayers from price hikes while facilitating the establishment of new power generation facilities.”

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Matt Garman, CEO of Amazon Web Services: “Amazon is honored to have signed the Ratepayer Protection Pledge at the White House. We appreciate the Administration’s leadership on this important matter, and the pledge’s commitments establish a crucial baseline that will safeguard ratepayers and promote responsible, long-term energy partnerships that strengthen the grid and the communities where data centers are located… The Ratepayer Protection Pledge marks a significant milestone as a nationwide commitment to a more resilient grid that supports American families, fuels our economy, and maintains the United States’ position as a leader in global innovation.”

Drew Maloney, President and CEO of the Edison Electric Institute: “We applaud President Trump’s dedication to ensuring that our nation drives innovation while protecting those in need of affordable, reliable energy. Our sector has established a strong history of collaborating with the tech community on responsible agreements that benefit local communities and enhance the grid for the future. We are excited about the next chapter of American innovation that will bolster jobs, assist families, and drive economic growth.”

Drew Marsh, Chair and CEO of Entergy: “We have proactively collaborated with our state leaders to attract a new industry with appealing power agreements that safeguard and benefit our existing customers… This announcement further underscores the Trump administration’s ratepayer protection pledge revealed yesterday at the White House. We are in continual contact with the administration and look forward to our ongoing partnership in ensuring these protections for our customers and our role in helping the United States secure the energy necessary to maintain its leadership in global AI advancements.”

Ruth Porat, President and CIO of Google: “Google’s endorsement of the Ratepayer Protection Pledge reaffirms our long-standing commitment to safeguarding energy affordability for American households, accelerating breakthroughs to secure America’s energy future, and delivering essential energy infrastructure—all of which are crucial for maintaining America’s global leadership during this innovative era. We value everything the Trump Administration is doing to ensure America’s continued dominance in AI, driven by abundant and affordable energy.”

Amanda Peterson Corlo, Google’s Global Head of Data Center Energy: “The White House Ratepayer Protection Pledge is a pivotal step toward ensuring that America can meet growing power demands affordably and successfully. We are dedicated to accelerating the initiatives outlined within the Pledge and are confident that energy growth and ratepayer protection can coexist harmoniously.”

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Jason Oxman, ITI President and CEO: “ITI wholeheartedly supports President Trump’s leadership in promoting energy policies that stimulate innovation, protect American families and businesses, and foster national economic growth. The President’s vision illustrates how effective collaboration between government and industry can yield tangible benefits for the American people. The Ratepayer Protection Pledge represents a thoughtful and responsible strategy for balancing U.S. technological leadership with the fundamental necessity of affordable energy access for all Americans. By uniting leaders from the tech sector and the administration, this initiative reinforces a shared commitment and builds upon the industry’s ongoing efforts to modernize and fortify the energy grid, protect ratepayers, create jobs, and construct the infrastructure America requires to compete and thrive in the 21st century. ITI anticipates continuing constructive engagement as these principles come to fruition.”

Dina Powell McCormick, President and Vice Chairman of Meta: “Under President Trump’s guidance, America is experiencing the most significant infrastructure expansion since World War II. We are immensely proud of the thousands of jobs our Meta data centers are generating nationwide while our investments in small business and workforce training programs ensure that Americans possess the necessary skills for tomorrow’s jobs. As we build for the future of America, the Ratepayer Pledge guarantees that families won’t bear the financial burden of AI’s energy use. This pledge provides companies like Meta the certainty we need to sustain our momentum, ensuring that American AI supremacy and the prosperity of American families are mutually reinforcing.”

Joel Kaplan, Chief Global Affairs Officer at Meta: “Meta is honored to support President Trump’s Ratepayer Protection Pledge. America is in the midst of the most extensive infrastructure boom since World War II, as Meta and others lay the groundwork that will underpin the nation’s economy for decades to come. We take pride in the thousands of jobs our data centers are creating nationwide, particularly in areas that have historically been overlooked. As we establish the foundation for the future of the American economy, the Ratepayer Protection Pledge ensures that families won’t shoulder the costs of AI’s energy consumption.”

Brad Smith, President and Vice Chair of Microsoft: “The Ratepayer Protection Pledge is a significant milestone. We appreciate President Trump’s initiative to ensure that data centers do not result in increased electricity prices for consumers.”

Brad Lightcap, COO of OpenAI: “Establishing the infrastructure necessary to advance AI is crucial for America’s economic competitiveness and ensuring the benefits of AI are universally accessible. At OpenAI, we are committed to being responsible neighbors in every community where we operate, which includes covering our own energy costs so our activities do not inflate electricity bills for local residents.”

Oracle: “We take pride in being part of the White House’s mission to enhance American AI leadership while safeguarding the communities where we build data centers. Our commitment extends to covering our energy costs, hiring locally, protecting local water resources, and enriching communities nationwide. AI is not merely about technology; it is about fortifying communities while powering America’s future.”

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Clay Magouyrk, CEO of Oracle: “I was present at the White House today to sign the President’s Ratepayer Protection Pledge, emphasizing our dedication to advancing American AI leadership while safeguarding the communities where we establish AI data centers… The AI infrastructure we are developing today will be critical for America’s global leadership, economy, and national security. It is set to foster a new era of economic growth in our communities for generations.”

Melanie Kiely, Senior Director at Oracle: “We are proud of Oracle’s participation in the Ratepayer Protection Pledge Proclamation. As the demand for digital infrastructure and energy capacity accelerates, it’s essential that growth occurs in a manner that protects ratepayers and supports the communities where we build. Responsible infrastructure development necessitates thoughtful collaboration between government and industry.”

Daniel Turner, Executive Director of Power the Future: “President @realDonaldTrump’s Ratepayer Protection Pledge is crucial for America’s success in the AI race. It guarantees U.S. leadership in AI while shielding hardworking families from soaring electricity costs.”

Gwynne Shotwell, President and COO of SpaceX: “As part of our commitment today, we will undertake extensive additional measures to further reduce electricity costs for our neighbors. Mr. President, we aim to collaborate with you to achieve a major victory for the American public. xAI pledges to develop 1.2 gigawatts of power as our supercomputer’s primary power source, applicable to every new data center as well. We will expand what is already the world’s largest global Megapack power installation, which will provide sufficient backup power for the city of Memphis and ample energy for Southaven, Mississippi, where the data center is located.”

Southern Company: “Southern Company wholeheartedly supports the President’s Ratepayer Protection Pledge, focusing on ensuring that America’s leadership in AI and advanced technologies yields broad benefits for customers and communities. In the Southeast, we are already implementing this approach—capturing unprecedented economic growth while delivering stability and lower bills for existing customers. We believe energy providers and technology companies must collaborate to responsibly meet this generational challenge. That’s why we partner with major customers who have clear requirements to pay their fair share. This strategy supports ongoing investment, reduces costs for existing customers, and helps ensure that the benefits of growth are shared among all those we serve.”

Juan Londoño, Chief Regulatory Analyst at the Taxpayers Protection Alliance: “The voluntary nature of today’s pledge is a sensible and welcome response to soaring energy demands. Allowing companies the flexibility to decide whether to invest in additional generation, pay for grid improvements, or negotiate rate agreements with utilities is the right approach. Like any large industrial consumer, data center operations can help reduce energy costs for ratepayers—provided the right strategies and market incentives are in place. The Trump administration deserves recognition for pursuing a market-driven solution to a real and escalating challenge.”

xAI: “xAI is dedicated to deploying artificial intelligence that enhances people’s lives while also increasing energy capacity near our data centers to lessen the cost of energy for the American public.”

TAGGED:BoomCentercommitmentCostsDataElectricityhistoricHousepresidentsecuresTrumpWhite
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