jain.com

Kentucky PSC customer protections on Muskie contract

Company: TeraWulf

Subject kind
regulatory
Statement date
2026-10-08
Promised amount
20.0 years
Current status
stated

The claim, verbatim

Kentucky PSC protections require TeraWulf to accept a 20-year minimum contract term, a 90% minimum billing floor, an early exit fee, capacity reduction limits, and collateral equal to 24x the previous maximum monthly non-fuel bill.

Source (primary)

Amended Kentucky Power deal lifts TeraWulf’s Muskie campus to 1 GW - W.Media (-, news_article)
View cached copy (2026-10-09)Live source ↗Archive.org ↗

Quote: “These include a 20-year minimum contract term, a 90 percent minimum billing floor even if actual use is lower, an early exit fee, limits on capacity reductions, and collateral equal to 24 times the previous maximum monthly non-fuel bill.”

How we checked this

Checked on October 14, 2026. The cited source supports every part of this claim.

The article lists every one of these PSC-imposed protections.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://w.media/amended-kentucky-power-deal-lifts-terawulfs-muskie-campus-to-1-gw/) in full (7,116 characters, retrieved October 9, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Amended Kentucky Power deal lifts TeraWulf’s Muskie campus to 1 GW - W.Media

Quote: “These include a 20-year minimum contract term, a 90 percent minimum billing floor even if actual use is lower, an early exit fee, limits on capacity reductions, and collateral equal to 24 times the previous maximum monthly non-fuel bill.”

View cached copy (2026-10-09)Live source ↗Archive.org ↗