jain.com

Electricity costs not passed to residents

Company: TeraWulf

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

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

Checked on October 10, 2026. The cited source supports part of this claim, but not all of it.

The article reports this only as something TeraWulf has said, not as a verified fact or a finding by regulators, while the claim presents it as settled fact.

Confirmed in the source:

We could not confirm this from the cited source:

That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.

What we did: Read our cached copy of the publisher (https://www.weku.org/the-commonwealth/2026-08-21/ky-utility-regulator-oks-electricity-contract-for-terawulfs-hancock-county-data-center-project) in full (11,598 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

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 ↗

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 ↗