Power
Tech Giants Sign Historic 'Ratepayer Protection Pledge' at White House, Committing to Fund Data Center Power Infrastructure
Major hyperscalers including Google, Microsoft, Meta, Oracle, xAI, OpenAI, and Amazon signed a White House-brokered pledge on March 4, 2026, committing to build and fund new power generation for their data centers without passing costs to residential ratepayers. The agreement requires companies to negotiate separate rate structures with utilities and pay for infrastructure regardless of usage, addressing growing concerns about AI-driven energy demands.