NorthWestern Energy Settles Montana Gas Rate Case

NorthWestern Energy (NYSE:NWE) announced that they have settled their gas rate case in Montana.

As quoted in the press release:

Under the agreement with the Montana Consumer Counsel and the Large Customer Group, NorthWestern Energy would be allowed to increase its natural gas delivery service rates by $11.5 million or about $1.7 million less than authorized by the Commission’s interim order last month and $4.2 million less than was originally requested by NorthWestern. The stipulated agreement includes a return of equity calculated at 9.8%.

To view the whole press release, click here.