Tag: Colstrip Unit 4
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PSC Rules that NWE Must Refund $9.9 million
The Montana Public Service Commission has trimmed $9.4 million from an annual rate adjustment requested by NorthWestern Energy, after concluding the utility’s imprudent supervision of the coal-fired power plant in Colstrip, led to its temporary shutdown in 2018. With interest, NorthWestern will be required to refund more than $9.9 million to ratepayers. For about two…
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PSC Postpones Colstrip Hearing
Following developments in Washington that could stall NorthWestern Energy’s effort to buy a greater stake in Colstrip Unit 4, the Montana Public Service Commission announced that it will postpone its third scheduled listening session on the proposed transaction. On December 9, 2019, NorthWestern signed an agreement with Puget Sound Energy, Inc. to buy Puget’s 25%…