
US President Donald Trump has called on major technology firms to cover their energy expenses, stating that this is crucial to prevent American consumers from facing higher electricity bills.
“I never want Americans to pay higher electricity bills because of data centers,” Trump stated on his Truth Social account on Tuesday.
“I never want Americans to pay higher electricity bills because of data centers,” Trump stated on his Truth Social account on Tuesday.
He indicated that his administration would collaborate with prominent tech companies like Microsoft, claiming they will make significant changes to their power usage policies starting this week to alleviate the financial burden on consumers.
The cost of electricity in the U.S. has escalated by approximately 40% over the last five years, according to data from the St. Louis Fed.
Trump pointed to rising power usage by data centers, which accounted for about 5.2% of the nation’s total electricity use in 2025, and projected to rise further in the future.
Moreover, industry analysts have noted controversy over Bitcoin mining’s impact on power grids, despite some studies claiming no correlation between mining and increased utility rates.
“Neither in the data nor in peer-reviewed studies is there evidence to support the claim that Bitcoin mining increases power bills for consumers,” Batten concluded.
“Neither in the data nor in peer-reviewed studies is there evidence to support the claim that Bitcoin mining increases power bills for consumers,” Batten concluded.
Despite differing views on the matter, advocates assert that Bitcoin mining may actually bring environmental advantages, such as enhancing renewable energy access and facilitating research into green technologies.
