Electricity costs not passed to residents under utility contract
Company: TeraWulf
The claim, verbatim
Under its contract 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
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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.”