MPSC Accepts Motion for Reconsideration Regarding Company's Recent General Rate Filing
November 24 2009 - 5:16PM
PR Newswire (US)
BUTTE, Mont., Nov. 24 /PRNewswire-FirstCall/ -- NorthWestern Energy
(NYSE: NWE) announced today that the Montana Public Service
Commission (MPSC) has accepted its motion for reconsideration
regarding the MPSC's Nov. 12, 2009, decision that the company's
general rate filing did not meet the MPSC's applicable minimum
filing requirements, primarily related to allocated cost of service
and rate design. As a result of today's hearing, NorthWestern does
not need to re-file its general rate case and will work with MPSC
staff to determine what additional information is necessary to meet
the MPSC's minimum filing requirements and submit a supplemental
filing by January 15, 2010. The MPSC indicated that it will decide
by the end of January whether the supplemental filing meets the
MPSC's minimum filing requirements. Assuming the supplemental
filing is found to meet minimal filing requirements, NorthWestern
agreed to extend the timeframe by which the MPSC must issue a final
order concerning the general rate filing by 90 days to October 11,
2010. NorthWestern is pleased with the MPSC's decision and the
opportunity to work directly with MPSC staff to address the
submittal of supplemental information. In its Oct. 16, 2009 rate
case filing, NorthWestern proposed a revenue requirement increase
of approximately $1.96 million for its natural gas utility and
approximately $15.5 million for its electric utility. About
NorthWestern Energy NorthWestern Energy provides electricity and
natural gas in the Upper Midwest and Northwest, serving
approximately 656,000 customers in Montana, South Dakota and
Nebraska. More information on NorthWestern Energy is available on
the Company's Web site at http://www.northwesternenergy.com/.
DATASOURCE: NorthWestern Corporation CONTACT: Media, Claudia
Rapkoch, 1-866-622-8081, , or Investor Relations, Dan Rausch,
+1-605-978-2902, Web Site: http://www.northwesternenergy.com/
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