NorthWestern Energy and Montana Intervenors Reach Settlement to reduce Customer Bills with the Tax Cuts and Jobs Act benefits
NorthWestern Energy Group, Inc. (NWE)
Last northwestern energy group, inc. earnings: 4/22 06:00 pm
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northwesternenergy.com/our-company/investor-relations
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Source: PR Newswire
BUTTE, Mont., Nov. 9, 2018 /PRNewswire/ -- NorthWestern Energy has reached an agreement with the Montana Consumer Counsel, Montana Large Customer Group, Human Resource Council, District XI and the Natural Resources Defense Council, Montana Environmental Information Center and the Northwest Energy Coalition that will provide a reduction in customer bills as a result of the Tax Cuts and Jobs Act signed in December 2017. The parties are asking the Montana Public Service Commission to approve the agreement. If approved by the commission, the settlement will provide a one-time credit of $20.5 million to eligible customers commencing within 30 days of MPSC approval. This includes a $19.2 million credit to electric customers and $1.3 million credit to natural gas customers. To be eligible for a credit a customer must have been a NorthWestern Energy customer as of September 30, 2018 and remain a customer on the date the refund is provided. Under this settlement, average eligible residential
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NWE
Earnings
- 2/14/24 - Beat
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- 3/21/24 - JP Morgan
NWE
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- 4/2/24 - Form 4
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- NWE's page on the SEC website