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TeraWulf-funded $100M residential bill credits

Company: TeraWulf - Project: Muskie Data

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

The claim, verbatim

Under the amended Kentucky Power agreement, if approved, TeraWulf will fund $100 million in winter bill credits for Kentucky Power residential customers beginning in 2029, over the first 10 years of the contract.

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 that, if approved, the amended agreement is expected to provide $100 million in TeraWulf-funded winter bill credits to residential customers. The credits begin in 2029 and run over the contract's first 10 years.

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 ↗