Utility companies are promising to spare us from AI’s energy bill

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Utility companies are promising to spare us from AI’s energy bill

- 2 min read - Source: The Verge
TOP SUMMARY

In the face of backlash to concerns the AI boom will increase consumer electricity bills, the largest utility companies and data center developers in the...

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Key points

  • In the face of backlash to concerns the AI boom will increase consumer electricity bills, the largest utility companies and data center developers in the US are now promising to do something about it.
  • The Wall Street Journal reports that nearly 200 organizations have signed President Donald Trump’s “rate payer protection pledge” that’s meant to safeguard consumers from footing the AI bill.
  • Utility companies are promising to spare us from AI’s energy bill Words are cheap and the pledge lacks enforcement mechanisms.
  • Words are cheap and the pledge lacks enforcement mechanisms.

What happened

In the face of backlash to concerns the AI boom will increase consumer electricity bills, the largest utility companies and data center developers in the US are now promising to do something about it. The Wall Street Journal reports that nearly 200 organizations have signed President Donald Trump’s “rate payer protection pledge” that’s meant to safeguard consumers from footing the AI bill. Utility companies are promising to spare us from AI’s energy bill Words are cheap and the pledge lacks enforcement mechanisms. Words are cheap and the pledge lacks enforcement mechanisms. Now, energy companies have joined the effort to try and mitigate some of the ire, but the pledge has done little to soothe public and bipartisan concerns so far. Enforcing the pledge will be a challenge as energy prices are typically set by state regulators and electricity traders, not the federal government.

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Source: The Verge

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