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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.

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 NorthWestern’s investment in it are in trouble. Four of the power plant’s other owners, with a 70% majority advantage, face coal power bans in Washington and Oregon starting in 2025.

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 — 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 – 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.

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