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- President Trump Just Put Big Tech on the Clock
President Trump Just Put Big Tech on the Clock
Power prices spiked 50-fold. Washington wants AI giants to pick up the tab.
If your electric bill is forcing you to do a double take, you’re not alone.
The National Energy Assistance Directors Association (NEADA) says it’s a nationwide problem. It estimates the average American household will spend $792 on electricity between June and September this year.
That’s 10.5% more than the same stretch last year. And it’s putting a strain on U.S. households. One in six is already behind on its utility payments. By the end of 2026, total consumer utility debt is projected to hit a record $25 billion.
But a chunk of that bill has nothing to do with what’s going on inside your house.
More important for your money, Washington just put a deadline on the problem.
On June 18, Trump-appointed federal regulators gave every major grid operator in America 60 days to explain how data centers are being charged for power.
The deadline is August 17, or 41 days from now. Grid operators then get another 30 days, until September 16, to prove there’s enough electricity to serve Big Tech without putting everyone else at risk.
In a moment, I’ll show you how you can use this information to turn higher bills into profits. But first, some context.
Why Big Tech Is Now Officially on the Clock