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$100M TeraWulf-funded residential bill credits, pending PSC approval

Company: TeraWulf

Subject kind
regulatory
Statement date
2026-10-05
Promised by
2029-01-01
Promised amount
100000000.0 USD
Current status
stated

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)

Ky. Power, TeraWulf agreement provides for $100 million in customer benefits - Kentucky Today (-, news_article)
View cached copy (2026-10-06)Live source ↗Archive.org ↗

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”

How we checked this

Checked on October 8, 2026. The cited source supports every part of this claim.

The article states that, if approved, the agreement is expected to deliver $100 million in TeraWulf-funded winter bill credits to residential customers over 10 years, beginning in 2029.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://www.kentuckytoday.com/news/ky-power-terawulf-agreement-provides-for-100-million-in-customer-benefits/article_0dad8120-da00-45cd-9685-eca3a86af628.html) in full (21,608 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.

Additional evidence

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”

View cached copy (2026-10-06)Live source ↗Archive.org ↗