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AI Data Centers Spike Electricity Prices; Trump Urges Solutions

2/26/2026

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Story summary
  • AI data centers contributed to a 6% rise in national electricity prices over the past year.
  • U.S. President Donald Trump urged tech firms to build their own power plants in the State of the Union address to curb costs.
  • Microsoft, OpenAI, and Anthropic pledged to cover electricity costs to avoid passing them to residential customers.
  • Arizona Senator Mark Kelly urged guarantees to prevent rising energy prices and ensure community involvement.