Seven of the nation’s largest technology companies signed the Ratepayer Protection Pledge at the White House yesterday, committing to “build, bring, or buy new generation resources and cover the cost of all power delivery infrastructure upgrades” their data centers require — and to ensure those costs aren’t passed on to American households. We thank President Trump for his leadership in convening these companies around a shared commitment to energy affordability.

While this pledge marks a historic step toward combatting rising electricity prices, it’s important to note that these companies have been actively taking action and contributing to the costs of running our electricity grid for years. But behind the pledge is something bigger — a generational wave of private investment in new, carbon emissions-free electricity that is reshaping America’s energy landscape.

Several CEBA members, including those with seats on our Board of Directors, committed to protecting ratepayers from price hikes yesterday. Those commitments are not just pledges — they’re backed by tens of billions of dollars already flowing into clean generation, grid upgrades, and community investment.

Here’s what they said, and what they’re bringing:

Amazon, one of the world’s largest corporate purchasers of carbon-free energy, has a portfolio of more than 700 projects delivering more than 40 gigawatts (GW) of capacity across a carbon-free portfolio, including solar, nuclear, and wind — enough to power more than 12 million American homes. Amazon is also pioneering next-generation nuclear, with agreements to develop advanced small modular reactors scaling up to 960 megawatts (MW). Learn more here.

Google committed to paying for 100% of the power its data centers need as well as any new infrastructure costs directly driven by the company’s growth. This includes bringing net-new energy to the grid, including investments in advanced nuclear, geothermal, and long-duration storage, and restarting existing clean assets, such as a nuclear plant in Iowa. Google has added more than 22 GW of new clean energy to grids globally over the past decade, enough to power about 4.7 million American homes annually. Learn more here.

Meta emphasized its commitment to responsible energy use, covering the full costs for energy used by data centers. The tech giant has supported nearly 28 GW of new clean energy and renewable additions globally, most recently announcing 7.7 GW of nuclear energy. Earlier this year, Meta announced one of the largest corporate clean energy purchases in history — 6.6 GW of clean, reliable nuclear power by 2035. Learn more here.

Microsoft launched its Community-First AI Infrastructure initiative earlier this year, committing to ensuring data center growth does not burden local ratepayers and working with utilities on plans to add generation needed to supply its operations. Microsoft has been a leader in innovative utility partnerships. In Wisconsin, the company supports a new rate structure that would charge data centers the cost of electricity needed to serve them, a structure Microsoft touts as a model for other states. Learn more here.

Oracle is paying for grid upgrades in partnership with local utilities or building data centers with on-site generation on or near its campuses, funding new on-site transmission lines, battery storage, and dedicated substations to ensure costs are not shifted to ratepayers. Learn more here.

Corporate energy buyers procured record levels of carbon emissions-free energy in 2024 and again in 2025, with CEBA members driving the vast majority of those deals. We’re talking more than 127 GW of clean energy since 2014 — solar, wind, nuclear, geothermal, battery storage, and more. These aren’t aspirations on a slide deck. These are signed contracts, shovels in the ground, and at least 65.6 GW of operating capacity to serve American homes and businesses. They are bringing their own energy and have been doing so for over a decade.

At CEBA, our mission is to advance the policy and market solutions needed to accelerate low-cost, reliable, carbon emissions-free electricity systems — in that order. America’s largest energy customers aren’t waiting to be told to invest in the grid. They’re already doing it at a pace and scale that was unimaginable even a few years ago. They are market-makers driving 21st-century clean energy industries and energy infrastructure and expanding the backbone of economic development across the country.

But let’s be honest about what’s still needed. Outdated permitting rules remain the single greatest barrier to getting new clean energy generation and transmission built at the pace our economy demands. Our members are ready to deploy capital. The energy resources are available. We need policymakers at every level to clear the path and end the politization of permits, so this unprecedented wave of private investment can reach the communities that need it most. Building the next generation of energy infrastructure in America shouldn’t be a political issue and should be recognized for what it is — bringing new infrastructure online to power American households and businesses, keeping electricity costs down, and driving economic development to ensure U.S. industries continue to lead globally. 

The Ratepayer Protection Pledge is an important step, and it magnifies the scale of what these companies are already building. The future of American energy is and will continue to be shaped by the customers that are buying it.