jain.com

$100M residential winter bill credits funded by TeraWulf

Company: TeraWulf - Project: Muskie Data

Subject kind
partnership
Statement date
2026-10-10
Promised by
2029-12-31
Promised amount
100000000.0 USD
Current status
stated

The claim, verbatim

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

Source (primary)

TeraWulf to double data center size near Ashland; Ky. Power to add unit at Big Sandy - Charleston Gazette-Mail (-, news_article)
View cached copy (2026-10-10)Live source ↗

Quote: “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. For a typical residential customer, the bill credits could amount to approximately $25 per month during the winter heating season, with credits beginning in 2029.”

How we checked this

Checked on October 15, 2026. The cited source supports every part of this claim.

The article quotes Kentucky Power saying the agreement is expected to provide $100 million in TeraWulf-funded winter bill credits for residential customers over the first 10 years, beginning in 2029.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://www.wvgazettemail.com/business/terawulf-to-double-data-center-size-near-ashland-ky-power-to-add-unit-at-big/article_3f5a5b40-2bee-46b5-89f1-1bf47d8678e3.html) in full (26,773 characters, retrieved October 10, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms TeraWulf to double data center size near Ashland; Ky. Power to add unit at Big Sandy - Charleston Gazette-Mail

Quote: “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. For a typical residential customer, the bill credits could amount to approximately $25 per month during the winter heating season, with credits beginning in 2029.”

View cached copy (2026-10-10)Live source ↗

confirms TeraWulf to double size of data center near Ashland; Ky. Power to add unit at Big Sandy - herald-dispatch.com

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... with credits beginning in 2029.”

View cached copy (2026-10-14)Live source ↗Archive.org ↗