Trump Vows Data-Center Pledge Will Eventually Cut Power Costs

March 4, 2026, 9:16 PM UTC

President Donald Trump declared the public would benefit from a commitment by the nation’s largest tech companies to defray electricity costs related to artificial intelligence development — but it might take a while.

Trump said during a Wednesday roundtable with tech executives that “many Americans are still concerned that the massive energy demand from AI data centers could drive up their electricity bills in the future” and that thanks to his pledge, they “aren’t going to have to even think about it.”

“Your electric bills will actually come down. It’ll take a little while, but not long,” he said.

The ...

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