{"id":490743,"date":"2026-02-26T02:47:09","date_gmt":"2026-02-26T02:47:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/490743\/"},"modified":"2026-02-26T02:47:09","modified_gmt":"2026-02-26T02:47:09","slug":"the-white-house-wants-ai-companies-to-cover-rate-hikes-most-have-already-said-they-would","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/490743\/","title":{"rendered":"The White House wants AI companies to cover rate hikes. Most have already said they would."},"content":{"rendered":"<p id=\"speakable-summary\" class=\"wp-block-paragraph\">The proliferation of AI data centers plugging into the national electrical grid has helped increase consumer electricity prices, driving up the average national electricity price by more than 6% in the last year. <\/p>\n<p class=\"wp-block-paragraph\">That\u2019s not a good look for the incumbents ahead of this fall\u2019s elections, and President Donald Trump addressed the challenge in his State of the Union speech last night. <\/p>\n<p class=\"wp-block-paragraph\">\u201cWe\u2019re telling the major tech companies that they have the obligation to provide for their own power needs,\u201d Trump said. \u201cThey can build their own power plants as part of their factory, so that no one\u2019s prices will go up.\u201d<\/p>\n<p class=\"wp-block-paragraph\">The  hyperscalers in question don\u2019t need to be told. They have already made public commitments in recent weeks to cover electricity costs by building their own power sources, paying higher rates, or both, part of a broader effort to solve PR problems around data center expansion and win over skeptical communities. <\/p>\n<p class=\"wp-block-paragraph\">On January 11, Microsoft <a href=\"https:\/\/blogs.microsoft.com\/on-the-issues\/2026\/01\/13\/community-first-ai-infrastructure\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">announced<\/a> its policy \u201cto ensure that the electricity cost of serving our datacenters is not passed on to residential customers.\u201d On January 26, OpenAI <a href=\"https:\/\/openai.com\/index\/stargate-community\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">committed<\/a> to \u201cpaying its own way on energy, so that our operations don\u2019t increase your energy prices.\u201d On February 11, Anthropic made the <a href=\"https:\/\/www.anthropic.com\/news\/covering-electricity-price-increases\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">same pledge<\/a> to \u201ccover electricity price increases that consumers face from our data centers.\u201d Yesterday, Google <a href=\"https:\/\/techcrunch.com\/2026\/02\/24\/googles-new-1-9gw-clean-energy-deal-includes-massive-100-hour-battery\/\" rel=\"nofollow noopener\" target=\"_blank\">announced<\/a> the largest battery project in the world to support a data center in Minnesota.<\/p>\n<p class=\"wp-block-paragraph\">What these commitments mean in practice, and who will determine which data centers are responsible for which price increases, remains unknown. The White House has not released the text of the proposed pledge.<\/p>\n<p class=\"wp-block-paragraph\">\u201cA handshake agreement with Big Tech over data center costs isn\u2019t good enough,\u201d Arizona Democratic Senator Mark Kelly <a rel=\"nofollow\" href=\"https:\/\/x.com\/CaptMarkKelly\/status\/2026493677187538983\">said<\/a> on social media. \u201cAmericans need a guarantee that energy prices won\u2019t soar and communities have a say.\u201d<\/p>\n<p>Techcrunch event<\/p>\n<p>\n\t\t\t\t\t\t\t\t\tBoston, MA<br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t|<br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\tJune 9, 2026\n\t\t\t\t\t\t\t<\/p>\n<p class=\"wp-block-paragraph\">White House spokesperson Taylor Rodgers <a href=\"https:\/\/x.com\/TaylorRogers47\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">said<\/a> that next week, companies will send representatives to formally sign the pledge at the White House. Amazon, Google, Meta, Microsoft, xAI, Oracle, and OpenAI are reportedly among those set to attend. However, none of the companies have confirmed their attendance.<\/p>\n<p class=\"wp-block-paragraph\">Even if tech companies commit to taking on electricity costs, on-site power plants may not be a panacea \u2014 they can still have adverse impacts on the <a href=\"https:\/\/techcrunch.com\/2025\/06\/18\/xai-is-facing-a-lawsuit-for-operating-over-400-mw-of-gas-turbines-without-permits\/\" rel=\"nofollow noopener\" target=\"_blank\">surrounding environment<\/a>, and will stress supply chains for natural gas, turbines, photovoltaics, and batteries, depending on how companies aim to power their compute.<\/p>\n","protected":false},"excerpt":{"rendered":"The proliferation of AI data centers plugging into the national electrical grid has helped increase consumer electricity prices,&hellip;\n","protected":false},"author":2,"featured_media":101337,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[182,184,181,507,12,1282,1281,1283,74,3123],"class_list":{"0":"post-490743","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-anthropic","10":"tag-artificial-intelligence","11":"tag-artificialintelligence","12":"tag-donald-trump","13":"tag-meta","14":"tag-microsoft","15":"tag-openai","16":"tag-technology","17":"tag-white-house"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/490743","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=490743"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/490743\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/101337"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=490743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=490743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=490743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}