Entergy Projects $5 Billion in Savings from AI Data Center Agreements Entergy announced that its agreements to supply power to seven artificial intelligence data centers will save customers in Louisiana, Arkansas, and Mississippi an estimated $5 billion over the next two decades. The company highlighted that Louisiana residents will benefit from $800 million in savings, with the plan aligning with President Trump’s Ratepayer Protection Pledge. This initiative aims to ensure that large technology companies, including Meta and Hut 8, cover the costs of increased electricity demand driven by data center operations. The agreements include power supply contracts for Meta’s $27 billion data center in Richland Parish and Hut 8’s $10 billion facility in West Feliciana Parish. Both projects require the construction of new natural gas-fired power plants to meet energy demands. Additionally, a $12 billion AI data center in Caddo-Bossier will be powered by SWEPCO, which has pledged to shield residential ratepayers from cost increases. Entergy’s CEO, Drew Marsh, emphasized that the company worked closely with state leaders to structure agreements that protect existing customers. “Our respective public service commissions provided the collaboration, oversight, and direction needed to make this emerging high-tech and electric future a win for everyone in our region,” Marsh stated. He noted that the plan supports the Trump administration’s Ratepayer Protection Pledge, which was formalized on March 4 at the White House. President Trump reiterated that big tech companies are committed to covering the costs of data center expansion. “Prices for American communities will not go up, and in many cases they will come down substantially,” Trump said.#meta #entergy #hut_8 #richland_parish #west_feliciana_parish
