Oracle Announces Commitment to Absorb $300 Million in Rising Point Beach Energy Costs for Wisconsin Residents

Commitment will help protect more than 1 million utility customers from rising costs while preserving reliable, carbon-free power AUSTIN, Texas, Oct. 2, 2026 /PRNewswire/ -- Oracle today announced a commitment to subscribe to a portion of the existing Point Beach Nuclear Plant's electricity generation, an action expected to save Wisconsin utility customers approximately $300 million in fuel costs. For more than 50 years, Point Beach has safely delivered dependable, carbon-free baseload power to Wisconsin. Oracle's commitment will help shield customers from the plant's rising costs, reduce pressure on household electricity bills, and sustain reliable power for the Wisconsin grid.