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TeraWulf-funded $100M residential bill credits for Kentucky Power customers

Company: TeraWulf - Project: Muskie Data

Subject kind
partnership
Statement date
2026-10-07
Promised by
2029-01-01
Promised amount
100000000.0 USD
Current status
stated

The claim, verbatim

If approved, the amended agreement provides $100 million in winter bill credits funded by TeraWulf for Kentucky Power residential customers over the first 10 years of the contract, beginning in 2029.

Source (primary)

Kentucky Power expands contract with TeraWulf’s data center - Daily Energy Insider (-, news_article)
View cached copy (2026-10-08)Live source ↗Archive.org ↗

Quote: “the amended agreement is expected to provide $100 million in winter bill credits beginning in 2029. The credits will be 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 article states each element: $100 million in TeraWulf-funded winter bill credits for residential customers, beginning in 2029, over the first 10 years, if approved by the commission.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://dailyenergyinsider.com/news/54035-kentucky-power-expands-contract-with-terawulfs-data-center/) in full (5,047 characters, retrieved October 8, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Kentucky Power expands contract with TeraWulf’s data center - Daily Energy Insider

Quote: “the amended agreement is expected to provide $100 million in winter bill credits beginning in 2029. The credits will be funded by TeraWulf for Kentucky Power’s residential customers over the first 10 years of the contract.”

View cached copy (2026-10-08)Live source ↗Archive.org ↗