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Bill Could Allow NorthWestern To Pass Colstrip Costs Onto Ratepayers

Montana Public Radio The Montana Senate has approved a bill that could pass costs for the Colstrip coal-fired power plant onto NorthWestern Energy customers if the utility buys an added share in the plant. Senate Bill 379, intended to continue the operating life of the Colstrip power plant, passed on the 27 to 21 vote and now heads to the House for debate. The bill could allow an electric utility to pass costs of owning a power plant including cleanup work and a rate of return to customers, if approved by state regulators. Republican Senator Steve Fitzpatrick of Great Falls sponsored the bill and says it will help the state tap into a needed energy source for Montana.

United statesGreat fallsBrad molnarSteve fitzpatrickDavid hoffmanMontana senateNorthwestern energySenator steve fitzpatrickMary mcnallyWestern energyஒன்றுபட்டது மாநிலங்களில்நன்று விழும்பிராட் மோல்நர்ஸ்டீவ் ஃபிட்ஸ்‌ப்யாட்ரிக்டேவிட் ஹாஃப்மேன்மஂட்யாந செனட்

Senate Republicans advance Colstrip bill, which critics say burdens NorthWestern ratepayers

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.

United statesBrad molnarMary mcnallySteve fitzpatrickMontana public service commissionSenate republicansNorthwestern energyColstrip power plantSenate billMontana public serviceGreat falls republicanஒன்றுபட்டது மாநிலங்களில்பிராட் மோல்நர்மேரி ம்க்நல்லிஸ்டீவ் ஃபிட்ஸ்‌ப்யாட்ரிக்மஂட்யாந பொது சேவை தரகு

Senate advances bill ensuring NW Energy cost-recovery for Colstrip acquisition

Senate advances bill ensuring NW Energy cost-recovery for Colstrip acquisition KTVQ-TV and last updated 2021-04-06 21:16:45-04 HELENA â Republicans in the Montana Senate Tuesday advanced the bill that guarantees NorthWestern Energy certain cost recovery, from its customers, if it acquires more power from the Colstrip coal-fired plants. Senate Bill 379 spells out how state utility regulators must allow NorthWestern to pass very specific costs of any Colstrip acquisition on to ratepayers â if they approve that acquisition. Sen. Steve Fitzpatrick, R-Great Falls and the sponsor of the bill, said NorthWestern and its Montana customers need the reliable power that would come from Colstrip, and that the bill merely spells out how the company will be fairly compensated for its costs.

United statesGreat fallsDuane ankneyBrad molnarMary mcnallySteve fitzpatrickMontana senatePublic service commissionNorthwestern energyMontana senate tuesdayR great fallsSenate billWestern energyஒன்றுபட்டது மாநிலங்களில்நன்று விழும்ட்வேந் கணுக்கால்

Senate advances bill ensuring NW Energy cost-recovery for Colstrip acquisition

Senate advances bill ensuring NW Energy cost-recovery for Colstrip acquisition
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United statesGreat fallsDuane ankneyBrad molnarMary mcnallySteve fitzpatrickMontana senatePublic service commissionNorthwestern energyMontana senate tuesdayR great fallsSenate billWestern energyஒன்றுபட்டது மாநிலங்களில்ட்வேந் கணுக்கால்பிராட் மோல்நர்

Senate advances bill ensuring NW Energy cost-recovery for Colstrip acquisition

Senate advances bill ensuring NW Energy cost-recovery for Colstrip acquisition
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