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NorthWestern's new shares at Colstrip to cost $18M in operations • Daily Montanan NorthWestern Energy said new Colstrip shares to cost $18 million in operations and maintenance, seeks PSC help for workaround to pay.

Customer bills have increased 40% over the past three years. NWE implemented an increase in May without regulatory approval. This is not sustainable. "State’s largest public utility asks regulators for workaround to help ‘offset’ costs" #Montana #NorthwesternEnergy dailymontanan.com/2025/10/02/n...

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#trends today for 'domestic violence' 'northwestern energy' & 'open thread'

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#domesticviolence #northwesternenergy #openthread

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Black Hills stock falls after all-stock merger with NorthWestern Energy Investing.com -- Black Hills Corp . (NYSE:BKH) stock fell 3.6% to $58.20 in premarket trading Tuesday after announcing an all-stock merger with NorthWestern Energy Group (NASDAQ:NWE). The deal, unanimously approved by both companies’ boards, will create a regional regulated utility with a combined market capitalization of approximately $7.8 billion and enterprise value of $15.4 billion. NorthWestern shares were halted ahead of the announcement after closing at $54.93 on Monday. Under the terms of the agreement, NorthWestern shareholders will receive 0.98 shares of Black Hills for each NorthWestern share, representing a 4% premium based on volume-weighted average prices since merger discussions began in March 2025. Upon completion, Black Hills shareholders will own approximately 56% of the combined company, with NorthWestern shareholders owning the remaining 44%. The merger is expected to be accretive to each company’s earnings per share in the first year after closing, with the combined entity targeting a long-term EPS growth rate of 5-7%, higher than either company’s standalone projections. "The combined company will have greater scale and financial strength to consistently deliver for customers across our service territories and invest at the pace and scale that today’s energy transformation demands," said Black Hills President and CEO Linn Evans. The new utility will serve approximately 2.1 million customers across eight contiguous states with a combined rate base of approximately $11.4 billion. The companies’ current investment plans from 2025 to 2029 exceed $7 billion. Following the transaction’s close, NorthWestern’s Brian Bird will serve as CEO of the combined company, which will be headquartered in Rapid City, South Dakota. The merger is expected to close in 12-15 months, pending shareholder and regulatory approvals. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. With NWE making headlines, savvy investors are asking: Is it truly valued fairly? In a market full of overpriced darlings, identifying true value can be challenging. InvestingPro's advanced AI algorithms have analyzed NWE alongside thousands of other stocks to uncover hidden gems. These undervalued stocks, potentially including NWE, could offer substantial returns as the market corrects. In 2024 alone, our AI identified several undervalued stocks that later surged by 30 or more. Is NWE poised for similar growth? Don't miss the opportunity to find out.

Click Subscribe #BlackHills #NorthWesternEnergy #StockMarket #Investing #Merger

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Black Hills to buy utility firm NorthWestern Energy for $3.6 billion (Reuters) -Utility company Black Hills (NYSE:BKH) said on Tuesday it would buy peer NorthWestern Energy Group for $3.6 billion. The all-stock deal, which has an enterprise value of $15.4 billion, would create a regional regulated natural gas utility company with a pro forma market capitalization of roughly $7.8 billion. NorthWestern shareholders will receive 0.98 shares of Black Hills for each held. Black Hills stockholders would own roughly 56% of the company after the deal closes, which is expected in 12 to 15 months.

Click Subscribe #BlackHills #NorthWesternEnergy #UtilityIndustry #EnergySector #MergersAndAcquisitions

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Original post on mastodon.social

Federal government authorizes expansion of mine that supplies coal to Montana’s largest power plant
#Montana #MTPol #Colstrip #Coal #NorthwesternEnergy #NWE #ClimateChange […]

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Federal government authorizes expansion of mine that supplies coal to Montana’s largest power plant The Office of Surface Mining Reclamation and Enforcement says the expansion will keep the mine open through 2039.

Federal government authorizes expansion of mine that supplies coal to Montana’s largest power plant
#Montana #MTPol #Colstrip #Coal #NorthwesternEnergy #NWE #ClimateChange
montanafreepress.org/2025/08/05/f...

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Regulations.gov

Tell the EPA to Uphold Air Quality Protections and not allow proposed rollbacks in air quality protections by repealing amendments to the Mercury and Air Toxics Standards (MATS)
#AirPollution #Montana #Colstrip #MTPol #NWE #NorthWesternEnergy

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The Wall Street Lie That Jacked Up Your Electricity Bill
The Wall Street Lie That Jacked Up Your Electricity Bill YouTube video by More Perfect Union

@moreperfectunion.bsky.social | More Perfect Union: "The Wall Street Lie That Jacked Up Your Electricity Bill" | #NorthWesternEnergy #ForProfit #InvestorOwned #Blackrock #Vanguard
www.youtube.com/watch?v=PymM...

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ENOUGH!! #northwesternenergy is a LEECH.

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Given North Western Energy functions as a monopoly with no competitors and 400,000 guaranteed customers, a
high ROE (profit) percentage is seen by many as an abuse of captive customers.
This abuse is compounded by the fact that NorthWestern continues to seek the most expensive energy sources while
ignoring the more afordable, reliable, and fastest growing energy sources being embraced by utilities across the county.
WHY THIS RATE INCREASE MATTERS
Montana already has some of the highest energy costs in the region (nearly twice our neighbors in Idaho).
North Western's excessive rate hike request would mean millions in additional costs passed to Montana families
and businesses on the heels of a historic rate increase barely one year ago.
Higher electric bills will make it harder for Montanans to aford housing, groceries, medicine, and children's needs.
1. The proposed 10.8% Return on Equity (guaranteed shareholder profit, essentially) requested by North Western is
excessive for a monopoly utility with no competitors and 400,000 guaranteed customers.
2. NorthWestern's recent 28% rate increase has already created significant financial challenges for working
Montanans.
3. The Public Service Commission should prioritize customer afordability over excessive profits in its oversight
of monopoly utilities like NorthWestern Energy.
4. Afordable energy solutions should be considered before rate-basing the $320 million Laurel plant.

Given North Western Energy functions as a monopoly with no competitors and 400,000 guaranteed customers, a high ROE (profit) percentage is seen by many as an abuse of captive customers. This abuse is compounded by the fact that NorthWestern continues to seek the most expensive energy sources while ignoring the more afordable, reliable, and fastest growing energy sources being embraced by utilities across the county. WHY THIS RATE INCREASE MATTERS Montana already has some of the highest energy costs in the region (nearly twice our neighbors in Idaho). North Western's excessive rate hike request would mean millions in additional costs passed to Montana families and businesses on the heels of a historic rate increase barely one year ago. Higher electric bills will make it harder for Montanans to aford housing, groceries, medicine, and children's needs. 1. The proposed 10.8% Return on Equity (guaranteed shareholder profit, essentially) requested by North Western is excessive for a monopoly utility with no competitors and 400,000 guaranteed customers. 2. NorthWestern's recent 28% rate increase has already created significant financial challenges for working Montanans. 3. The Public Service Commission should prioritize customer afordability over excessive profits in its oversight of monopoly utilities like NorthWestern Energy. 4. Afordable energy solutions should be considered before rate-basing the $320 million Laurel plant.

North Western Energy, Montana's largest monopoly utility serving over 400,000 customers, is pursuing significant
electricity rate increases that will afect Montana families and businesses. Because NorthWestern is a regulated
monopoly utility, we customers cannot choose a diferent provider. We can, however, make our voice heard.
For too long, the body overseeing utility regulation – the Montana Public Service Commission (PSC) - has tilted
toward ensuring generous returns to the shareholders of investor-owned utilities like NorthWestern. The impacts
to customers have been a secondary concern. It's time to rebalance this equation and remember that the whole
purpose of overseeing monopoly utilities is to ensure working families and small businesses pay fair and reasonable
rates that are not inflated to guarantee corporations artificially excessive profits.

RATE INCREASES ON TOP OF RATE INCREASES
Barely over a year ago, in the fall of 2023, North Western Energy was granted a historic 28% rate increase for
residential customers. Now, the corporation is asking for an additional 8.3% hike, which would mean a 39%
aggregate increase within less than year.

North Western Energy, Montana's largest monopoly utility serving over 400,000 customers, is pursuing significant electricity rate increases that will afect Montana families and businesses. Because NorthWestern is a regulated monopoly utility, we customers cannot choose a diferent provider. We can, however, make our voice heard. For too long, the body overseeing utility regulation – the Montana Public Service Commission (PSC) - has tilted toward ensuring generous returns to the shareholders of investor-owned utilities like NorthWestern. The impacts to customers have been a secondary concern. It's time to rebalance this equation and remember that the whole purpose of overseeing monopoly utilities is to ensure working families and small businesses pay fair and reasonable rates that are not inflated to guarantee corporations artificially excessive profits. RATE INCREASES ON TOP OF RATE INCREASES Barely over a year ago, in the fall of 2023, North Western Energy was granted a historic 28% rate increase for residential customers. Now, the corporation is asking for an additional 8.3% hike, which would mean a 39% aggregate increase within less than year.

Northwestern Energy wants another Montana utility rate increase. Here's some background. #MTPol #Montana #MTPSC #NorthwesternEnergy #NWE

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NORTHERN PLAINS
W RESOURCE COUNCIL W
NORTHWESTERN ENERGY'S RATE INCREASE
ENOUGH IS ENOUGH
FORCING MONTANANS TO OVERPAY FOR RISKY CORPORATE INVESTMENTS
North Western Energy, Montana's largest monopoly utility serving over 400,000 customers, is pursuing significant
electricity rate increases that will afect Montana families and businesses. Because NorthWestern is a regulated
monopoly utility, we customers cannot choose a diferent provider. We can, however, make our voice heard.
For too long, the body overseeing utility regulation – the Montana Public Service Commission (PSC) - has tilted
toward ensuring generous returns to the shareholders of investor-owned utilities like NorthWestern. The impacts
to customers have been a secondary concern. It's time to rebalance this equation and remember that the whole
purpose of overseeing monopoly utilities is to ensure working families and small businesses pay fair and reasonable
rates that are not inflated to guarantee corporations artificially excessive profits.
BACKGROUND
RATE INCREASES ON TOP OF RATE INCREASES
Barely over a year ago, in the fall of 2023, North Western Energy was granted a historic 28% rate increase for
residential customers. Now, the corporation is asking for an additional 8.3% hike, which would mean a 39%
aggregate increase within less than year.
UNREALISTIC PROJECTIONS LIKELY TO BRING EVEN HIGHER INCREASES
North Western's actual rate increases could be significantly higher. Why? Because the utility's complicated rate
structures are based, in part, on power it expects to sell to other energy suppliers. In short, the more power it sells to
other energy suppliers, the less customers have to pay under the current rate proposal. Because of this, NorthWestern
made wildly optimistic and unrealistic projections about the power it expects to sell to other suppliers in order to
deflate the expected rate percentage increase projections it is requesting.
Former PSC rate analyst Gary Duncan called NorthWestern's project…

NORTHERN PLAINS W RESOURCE COUNCIL W NORTHWESTERN ENERGY'S RATE INCREASE ENOUGH IS ENOUGH FORCING MONTANANS TO OVERPAY FOR RISKY CORPORATE INVESTMENTS North Western Energy, Montana's largest monopoly utility serving over 400,000 customers, is pursuing significant electricity rate increases that will afect Montana families and businesses. Because NorthWestern is a regulated monopoly utility, we customers cannot choose a diferent provider. We can, however, make our voice heard. For too long, the body overseeing utility regulation – the Montana Public Service Commission (PSC) - has tilted toward ensuring generous returns to the shareholders of investor-owned utilities like NorthWestern. The impacts to customers have been a secondary concern. It's time to rebalance this equation and remember that the whole purpose of overseeing monopoly utilities is to ensure working families and small businesses pay fair and reasonable rates that are not inflated to guarantee corporations artificially excessive profits. BACKGROUND RATE INCREASES ON TOP OF RATE INCREASES Barely over a year ago, in the fall of 2023, North Western Energy was granted a historic 28% rate increase for residential customers. Now, the corporation is asking for an additional 8.3% hike, which would mean a 39% aggregate increase within less than year. UNREALISTIC PROJECTIONS LIKELY TO BRING EVEN HIGHER INCREASES North Western's actual rate increases could be significantly higher. Why? Because the utility's complicated rate structures are based, in part, on power it expects to sell to other energy suppliers. In short, the more power it sells to other energy suppliers, the less customers have to pay under the current rate proposal. Because of this, NorthWestern made wildly optimistic and unrealistic projections about the power it expects to sell to other suppliers in order to deflate the expected rate percentage increase projections it is requesting. Former PSC rate analyst Gary Duncan called NorthWestern's project…

ENOUGH IS ENOUGH
Laurel Methane-Fired Power Plant
A significant part of North Western's rate hike involves the costs associated
with its new methane-fired plant in Laurel, the Yellowstone County
Generating Station. Monopoly utilities like NorthWestern can seek a return
on equity (ROE) for generating plants that it own. This ROE is formulated
as a percentage of the costs related to building, operating, and maintaining
a facility which functions, in essence, as a “guaranteed profit rate” of sorts.
Given North Western Energy functions as a monopoly with no competitors and 400,000 guaranteed customers, a
high ROE (profit) percentage is seen by many as an abuse of captive customers.
This abuse is compounded by the fact that NorthWestern continues to seek the most expensive energy sources while
ignoring the more afordable, reliable, and fastest growing energy sources being embraced by utilities across the county.
KEY NUMBERS FOR THE LAUREL PLANT
Construction cost: $320 million
Lifetime costs: $2.3 billion
North Western is seeking a 10.8% return on equity (ROE) for this project (guaranteed profit rate, essentially)
WHY THIS RATE INCREASE MATTERS
Montana already has some of the highest energy costs in the region (nearly twice our neighbors in Idaho).
North Western's excessive rate hike request would mean millions in additional costs passed to Montana families
and businesses on the heels of a historic rate increase barely one year ago.
Higher electric bills will make it harder for Montanans to aford housing, groceries, medicine, and children's needs.
IMPORTANT DATES
Public Hearing: April 22, 2025 at the Public Service Commission in Helena
Final Decision Expected: Summer/Fall 2025 (possibly October)
KEY MESSAGES FOR PUBLIC COMMENTS
1. The proposed 10.8% Return on Equity (guaranteed shareholder profit, essentially) requested by North Western is
excessive for a monopoly utility with no competitors and 400,000 guaranteed customers.
2. NorthWestern's recent 28% rate increase has …

ENOUGH IS ENOUGH Laurel Methane-Fired Power Plant A significant part of North Western's rate hike involves the costs associated with its new methane-fired plant in Laurel, the Yellowstone County Generating Station. Monopoly utilities like NorthWestern can seek a return on equity (ROE) for generating plants that it own. This ROE is formulated as a percentage of the costs related to building, operating, and maintaining a facility which functions, in essence, as a “guaranteed profit rate” of sorts. Given North Western Energy functions as a monopoly with no competitors and 400,000 guaranteed customers, a high ROE (profit) percentage is seen by many as an abuse of captive customers. This abuse is compounded by the fact that NorthWestern continues to seek the most expensive energy sources while ignoring the more afordable, reliable, and fastest growing energy sources being embraced by utilities across the county. KEY NUMBERS FOR THE LAUREL PLANT Construction cost: $320 million Lifetime costs: $2.3 billion North Western is seeking a 10.8% return on equity (ROE) for this project (guaranteed profit rate, essentially) WHY THIS RATE INCREASE MATTERS Montana already has some of the highest energy costs in the region (nearly twice our neighbors in Idaho). North Western's excessive rate hike request would mean millions in additional costs passed to Montana families and businesses on the heels of a historic rate increase barely one year ago. Higher electric bills will make it harder for Montanans to aford housing, groceries, medicine, and children's needs. IMPORTANT DATES Public Hearing: April 22, 2025 at the Public Service Commission in Helena Final Decision Expected: Summer/Fall 2025 (possibly October) KEY MESSAGES FOR PUBLIC COMMENTS 1. The proposed 10.8% Return on Equity (guaranteed shareholder profit, essentially) requested by North Western is excessive for a monopoly utility with no competitors and 400,000 guaranteed customers. 2. NorthWestern's recent 28% rate increase has …

Northwestern Energy wants another Montana utility rate increase. Here's some background. #MTPol #Montana #MTPSC #NorthwesternEnergy #NWE

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#NorthWesternEnergy to Provide 75MW of Power for #AtlasPower’s #DataCenter Expansion in #Montana – Key Deal for Growing Industry

datacenterwires.com/power-system...

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Regulators approve natural gas rate hike for NorthWestern Energy • South Dakota Searchlight State regulators approved a settlement reducing NorthWestern Energy’s proposed $8.38 monthly increase on the average natural gas customer’s bill to $6.44.

South Dakota regulators approved a 7% #NaturalGas rate hike for #NorthWesternEnergy, which will increase the average residential customer's bill by $8.38 per month. A settlement reduced the increase from the originally requested 9%.

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