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Easement bill amended back to original form
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Bill exempting religious groups from campaign reporting gets another shot
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Customer risk is still too high in Colstrip bill, regulators say
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Another bill to limit public health boards advances in House
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TOM LUTEY
Despite continued warnings about burdening consumers with Colstrip Power Plant debt, Senate Republicans moved forward Tuesday with a bill shielding NorthWestern Energy from financial losses associated with the troubled plant.
Lawmakers voted 30-19 Tuesday to approve Senate Bill 379, which obligates customers of NorthWestern Energy to paying off the undepreciated book value of the power plant regardless of whether Colstrip Power Plant continues to operate. The bill also provides a formula for determining the customer debt for additional shares, rather than basing the debt on what NorthWestern actually paid for additional ownership.
Simply put, Colstrip Power Plant and NorthWesternâs investment in it are in trouble. Four of the power plantâs other owners, with a 70% majority advantage, face coal power bans in Washington and Oregon starting in 2025.