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Montana's largest utility is asking state regulators to authorize a $193 million annual increase in revenue from customers. Here's what you should know about the request.
The NorthWestern Energy building in Butte. Credit: Nora Saks / Montana Public Radio
If you struggle to understand the charges and formulas incorporated into power companies' electricity and natural gas rates, you're not alone. Utility ratemaking is a notoriously technical undertaking that even professionals working in related fields can find difficult to decipher. It's also an important component of the "pocketbook economics" that influence Montanans' finances, whether they're paying their monthly power bills or budgeting for goods and services affected by swelling energy costs.
For example, when NorthWestern Energy, the state's largest monopoly utility, last raised its rates...
