Tech companies would have to pay AI data center energy costs under bill moving in Congress
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Chris Wright, US energy secretary, Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., and Howard Lutnick, US commerce secretary, take a photo with workers and local leaders …
Chris Wright, US energy secretary, Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., and Howard Lutnick, US commerce secretary, take a photo with workers and local leaders following a news conference at the Portsmouth Site in Piketon, Ohio, US, on Friday, March 20, 2026. SoftBank Group Corp. is working to deliver a data center-focused infrastructure project in Ohio so massive that Chief Executive Officer Masayoshi Son said it would channel $500 billion into a single campus. Brian Kaiser | Bloomberg | Getty Images The House of Representatives on Wednesday will begin consideration of a bill to force tech companies to pay for artificial intelligence's strain on the power grid, as voters across the country express dissatisfaction with data centers driving up utility costs . The House Energy and Commerce Committee energy subpanel is scheduled to debate and vote on the Ratepayer Protection Act , a bill that would require state utilities to consider creating a "large load standard" that would require data center builders to pay for upgrades to the grid needed to power them. The bill would codify parts of the White House's " Ratepayer Protection Pledge ." The bill represents one of the first attempts by Congress to force tech companies to pony up for data centers' massive electricity demand . …
Original source: CNBC Top News
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Donald Trump · Chris Wright · White House · Howard Lutnick · Republicans · House of Representatives