Prime Data Centers Signs Ratepayer Protection Pledge
Joining more than 300 organizations in a nationwide commitment to protecting electricity customers from the
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Prime Data Centers, a leading international developer and operator of hyperscale and purpose-built data centers, today announced it has signed the Ratepayer Protection Pledge, reinforcing its commitment to funding the power and grid infrastructure required for its U.S. data center developments without passing those costs on to local households and businesses.
Launched in March 2026, the voluntary pledge brings together utilities, electric cooperatives, state governors, hyperscale and AI companies, and data center developers. Collectively, its signatories represent approximately 80% of the electricity delivered across the U.S.
“Communities that host data centers should see the benefits of that investment, not higher electricity bills,” said Nicholas Laag, Founder and CEO of Prime Data Centers. “Investing in the power and grid infrastructure required to support our developments is an essential element of responsible growth, and those costs should not fall on local ratepayers. This pledge reinforces our commitment to that principle and to working collaboratively with utilities, local governments and the communities in which we operate.”
Under the pledge, Prime commits to five principles across its U.S. portfolio:
- New power supply: Build, bring or buy the generation needed to serve new data center demand, paying the full cost of those resources.
- Grid upgrades: Pay for the new transmission and delivery upgrades required to serve its campuses.
- Dedicated rate structures: Work with utilities and state regulators to establish dedicated rate structures for its developments, ensuring Prime pays for the power and infrastructure brought online to serve them, regardless of actual utilization.
- Local jobs: Hire locally and support workforce development programs in the communities where it develops data centers.
- Responsible operations: Coordinate with grid operators to support reliability and, where possible, make backup generation available during power shortages.
Prime will work directly with utility providers across its U.S. portfolio to implement the pledge’s principles, aligning infrastructure investment with the power requirements of each development.
To learn more about the Ratepayer Protection Pledge, visit www.whitehouse.gov/ratepayer-protection-pledge.
About Prime Data Centers
Prime Data Centers is a leading international developer and owner of hyperscale and purpose-built data centers, designed to power the future of AI, high-performance computing and digital transformation. Prime has four gigawatts of operational and planned capacity across top-tier markets in the U.S. and Europe, including Chicago, Dallas, Los Angeles, Phoenix, Silicon Valley, Austin, Frankfurt, Berlin, Madrid and the Nordics. With a focus on scalability, adaptability, and sustainability, Prime delivers custom digital infrastructure solutions that meet the unique needs of today’s technology innovators. For more information, visit Prime Data Centers and follow us on LinkedIn.
View source version on businesswire.com: https://www.businesswire.com/news/home/20261110499299/en/
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