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No electricity costs for data center will be passed on to residents

Company: TeraWulf

Subject kind
financing
Statement date
2026-08-21
Current status
stated

The claim, verbatim

Under its contracts with Big Rivers Electric Corp. and Kenergy, none of the cost of powering the data center would be passed on to residents

Source (primary)

KY utility regulator OKs electricity contract for TeraWulf’s Hancock County data center project - WEKU (-, news_article)
View cached copy (2026-08-31)Live source ↗Archive.org ↗

Quote: “It has also said, under its contract with regional electric cooperative Big Rivers Electric Corp. and local utility Kenergy, none of the cost of powering the data center would be passed on to residents.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms KY utility regulator OKs electricity contract for TeraWulf’s Hancock County data center project - WEKU

Quote: “It has also said, under its contract with regional electric cooperative Big Rivers Electric Corp. and local utility Kenergy, none of the cost of powering the data center would be passed on to residents.”

View cached copy (2026-08-31)Live source ↗Archive.org ↗