Trump: Microsoft Will Stop Americans Paying More for Power
Trump announces Microsoft will implement changes to keep U.S. electricity bills from rising amid AI data center expansion, easing consumer costs and energy concerns.
President Donald Trump said in a social media post on Monday that Microsoft will announce changes to ensure Americans don't face higher electricity bills due to the company building more data centers to meet the growing demand for artificial intelligence.
“I never want Americans to have to pay higher electricity bills because of data centers,” Trump wrote on social media. “Therefore, my administration is working with major American technology companies to ensure their commitment to the American people, and we will have much more to announce in the coming weeks.”
Ahead of this year's midterm elections, President Trump is seeking ways to lower prices for consumers, as the tariffs he imposed last year on imported goods into the U.S. are having an impact across the economy. In December, Trump announced a $1,776 “Warrior Dividend” for U.S. troops. Earlier this month, he called for the purchase of $200 billion in mortgage bonds in the hope of lowering mortgage rates.
Meanwhile, the largest tech companies are rapidly building power-hungry data centers and telling Wall Street that they will increase their capital expenditures as the AI boom continues. Last week, Meta announced agreements with three nuclear power companies for a data center in Ohio.
Trump congratulated Microsoft on its efforts to keep prices under control and suggested that other companies would make similar commitments.
“First up is Microsoft, which my team has been working with, and which will be making big changes starting this week to ensure Americans don’t have to ‘foot the bill’ in the form of higher utility bills for their electricity consumption,” Trump wrote on Monday.
Microsoft did not immediately respond to a request for comment.
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Utility companies charged U.S. consumers 6% more for electricity in August compared to a year earlier, including in several states with a high concentration of data centers. Microsoft is closely monitoring the impact of its data centers on local residents.
"I just want to assure you that we are doing everything we can, and I believe we are successfully managing this issue, so that you all don't have to pay more for electricity because of our presence," said Microsoft President and Vice Chair Brad Smith at a town hall meeting in Wisconsin in September, where Microsoft is building an AI data center.
While Microsoft is moving forward with some facilities, the company withdrew its plans for a data center in Caledonia, Wisconsin, due to strong local opposition. This project would have been located 20 miles from a data center in the village of Mount Pleasant.
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