Trump's plan for rising energy costs: Pump oil, make data centers pay
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Trump's plan for rising energy costs: Pump oil, make data centers pay
"We have an old grid - it could never handle the kind of numbers, the amount of electricity that's needed, so I am telling them they can build their own plant. They're going to produce their own electricity ... while at the same time, lowering prices of electricity for you."
"Experts on both sides of the political spectrum have said the energy affordability issue could translate to poor outcomes for Republicans in the midterm elections this November, as it did in a few key races in New Jersey, Virginia and Georgia last year."
President Trump announced a ratepayer protection pledge during his State of the Union address to shield residents from rising electricity costs in areas where AI data centers operate. Under the plan, major tech companies would be required to provide their own power generation rather than drawing from the existing grid. Trump stated that the aging electrical infrastructure cannot handle the power demands of AI operations, so companies must build their own power plants while simultaneously lowering electricity prices for consumers. This announcement addresses growing voter concerns about rising energy costs and living expenses heading into midterm elections, as residential electricity bills have surged approximately 8% in 2025.
Read at Los Angeles Times
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