President Donald Trump and CEOs of seven major tech companies have signed a voluntary pledge to protect consumers from rising electricity costs due to artificial intelligence development. The pledge includes a different rate for electricity from regular consumers and pledges to reduce utility bills significantly. However, some experts argue that the voluntary agreement lacks legal authority to impose new rate structures that ensure data centers pay their full costs of service. Enforcement of the pledge will need to come from states and state utility regulators, which are bodies that approve electric rate increases. The agreement is part of an effort to address voters' affordability concerns ahead of the 2026 midterms.