TeraWulf funds $100M residential bill credits for Kentucky Power customers
Company: TeraWulf - Project: Muskie Data
The claim, verbatim
If approved by the Kentucky PSC, TeraWulf will fund $100 million in winter bill credits for Kentucky Power residential customers over the first 10 years of the contract, beginning in 2029.
Source (primary)
Kentucky Power, TeraWulf Finalize Expanded Agreement Providing for $100 Million in Customer Benefits - PR Newswire (-, news_article)
View cached copy (2026-10-06)Live source ↗
Quote: “the amended agreement is expected to provide $100 million in winter bill credits funded by TeraWulf for Kentucky Power's residential customers over the first 10 years of the contract”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The release says that, if the Kentucky PSC approves it, the amended agreement is expected to provide $100 million in TeraWulf-funded winter bill credits to residential customers over the contract's first 10 years. It says the credits begin in 2029.
Confirmed in the source:
- The benefit is conditional on approval by the Kentucky Public Service Commission
- TeraWulf funds the bill credits
- The credits total $100 million
- They are winter bill credits for Kentucky Power's residential customers
- The credits cover the first 10 years of the contract
- The credits begin in 2029
What we did: Read our cached copy of the publisher (https://www.prnewswire.com/news-releases/kentucky-power-terawulf-finalize-expanded-agreement-providing-for-100-million-in-customer-benefits-302898378.html) in full (13,119 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Kentucky Power, TeraWulf Finalize Expanded Agreement Providing for $100 Million in Customer Benefits - PR Newswire
Quote: “the amended agreement is expected to provide $100 million in winter bill credits funded by TeraWulf for Kentucky Power's residential customers over the first 10 years of the contract”
confirms TeraWulf doubles Muskie contracted power to 1 GW, advances second phase to 2029 - Yahoo Finance
Quote: “would provide $100 million in TeraWulf-funded winter bill credits , with residential customers receiving the credits over the first 10 years of the contract. Credits would begin in 2029”
confirms Ky. Power, TeraWulf agreement provides for $100 million in customer benefits - Kentucky Today
Quote: “the agreement is expected to provide $100 million in winter bill credits funded by TeraWulf for Kentucky Power's residential customers over the first 10 years of the contract”
confirms TeraWulf Expands Muskie to 1 GW and SpaceX Mulls TSMC for Terafab - Yahoo Finance
Quote: “expected to provide $100 million in winter bill credits funded by Terror Wolf for Kentucky Power residential customers over the 1st 10 years of the contract”
confirms TeraWulf’s Muskie Data Center Secures 1 GW of Power in Kentucky - constructionreviewonline.com
Quote: “If the Kentucky Public Service Commission approves the amended agreement, TeraWulf would fund $100 million in winter bill credits for Kentucky Power residential customers during the first 10 years of the contract. The credits would begin in 2029”