Montana PSC Approves Interim Electricity Rate Cut for NorthWestern Energy Customers of $7.96 Per Month

November 26, 2024

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HELENA, Montana — Earlier today, the Montana Public Service Commission (PSC) voted to approve an interim rate reduction of 7.24% for NorthWestern Energy's residential electric customers. The electricity rate reduction translates into a reduction of $7.96 for the typical residential customer using 750 kilowatt-hours (kWh) per month. The bulk of the electricity rate reduction was due to a reduction over time to costs related to procuring energy sufficient to meet NWE customer demand which is reflected in the Power Costs and Credits Adjustment Mechanism (PCCAM) b...