Trump Signs AI Energy Pledge with Tech Giants to Cut Power Prices

Donald Trump signed a voluntary Ratepayer Protection Pledge with seven major technology firms including Google, Amazon, and Microsoft.The agreement aims to protect consumers from rising electricity costs by requiring AI data centers to fund their own power infrastructure.Energy Secretary Chris Wright backed the initiative as residential utility rates increased by 6.3% over the past year across the country.Critics and experts like Ari Peskoe noted the pledge lacks federal enforcement mechanisms because states typically regulate electricity rates.