From my limited knowledge review of it, it seems that Walmart believes that electricity prices are going to skyrocket in the future. They have entered into an agreement with the power company that if they give them a big chunk of money right now to upgrade the generation capabilities, they will get a locked in, low rate in the future.
Guess who will be be paying the difference in 10-20 years from now?
Walmart - pays a big chunk now/receives a much bigger savings in the future - WIN
Power Company - gets their generation capacity increase for free because Walmart is paying for it. Will be able to charge significanlty more $ for significantly more output in 10-20 years - WIN
Us - will have to pay huge rates on power in the coming years to subsidize AI, data centers and warehouses.
Sounds like the small consumer could be on the short end of the stick in coming years. Not saying that they aren’t already. The government should put a stop to this because if the unfortunate on S.S. is getting short ended, he may not survive without more government help.