ICYMI: Electric Company CEOs Discuss Affordability, Reliability, and Grid Investment on Bloomberg TV

ICYMI: Electric Company CEOs Discuss Affordability, Reliability, and Grid Investment on Bloomberg TV

ICYMI: Electric Company CEOs Discuss Affordability, Reliability, and Grid Investment on Bloomberg TV

WASHINGTON (June 09, 2026) - Bloomberg TV Washington Correspondent Tyler Kendall spoke with electric company CEOs and Georgia Governor Brian Kemp during the Edison Electric Institute's (EEI) annual meeting and thought leadership conference, EEI 2026, in Las Vegas.

They discussed how the industry is meeting rising electricity demand while keeping power reliable and costs as affordable as possible for customers.

Watch the interviews below:

Duke Energy President and CEO Harry Sideris

"We know our customers are battling gasoline prices, housing price increases, grocery price increases… so we've always been focused on doing our infrastructure as low cost as possible to our customers… Our rates are below the national average, increasing less than the rate of inflation over time over the last decade… and we're also looking for every lever that we can pull to help our customers."

Entergy Chair and CEO Drew Marsh

"We are dealing with very large customers like Meta and AWS and Google… and they are committed to being good neighbors. They want to make sure that they are paying their full cost of the investments that we are making to support them and support their data centers. They've all signed the Ratepayer Protection Pledge, which says that they are going to pay those full costs."

Pinnacle West Chairman, President, and CEO Ted Geisler

"We first and foremost protect reliability for all of our existing customers… we cannot allow growth on the grid that would put reliability at risk... The infrastructure required to serve these large customers is paid for entirely by those customers… our residential and small business customers will not see bills increase as a result."

Puget Sound Energy President and CEO Mary Kipp

"We've really partnered with technology companies, and we've done a lot of analysis around which parts of our service territory actually have higher wildfire risk than others… and through some of these technologies, what we've learned is it's not always the obvious ones."

Xcel Energy Chairman, President, and CEO Bob Frenzel

"This is about a 750 megawatt data center where Google is going to pay for all of their infrastructure costs. They're going to pay for the full rate of their transmission usage-not a discount rate or an economic development rate, as we used to call them-but the full rate. They're going to build all the new generation. We're going to build it, own it, and operate it on their behalf, but they're going to pay for all the new generation that's going to serve their customers."

Edison International President and CEO Pedro J. Pizarro

"We really have had to redesign how we operate the grid… because of the risks that we're facing, and that's meant making very significant investments in strengthening the system... At the same time, affordability is one of the main objectives… and over time, our rate increases have been at or below inflation."

ITC Holding President and CEO Krista Tanner

"Transmission is the backbone of the grid… it delivers electricity from where it's generated to where it's needed, and we're going to need more of it to meet this growing demand… There's a misconception that data centers are increasing costs… that's not what we've seen… our story is they're having a downward pressure on rates in our Midwest business system."

Exelon President and CEO Calvin Butler

"We think about affordability every day… and we also think about maintaining a grid that is reliable and resilient."

Georgia Governor Brian Kemp

"We're charging the big tech companies more… making them pay for that buildout and tying that into rates long term… That's actually allowed Georgia Power to freeze residential rates and now even lower them… and in the future, return money to ratepayers as this buildout continues."