The purpose of this legislation is to require data centers in the United States to generate their own electricity. The aim is to promote energy independence and sustainability while preventing increases in energy costs for consumers. The bill is named the "Preventing Rate Inflation in Consumer Energy Act," or the "PRICE Act." The key provisions of the bill state that every data center must produce enough electricity to meet its annual consumption. By January 1, 2035, at least 75 percent of the electricity generated must come from clean energy sources, such as solar, wind, and hydropower.