NorthWestern says it will seek large natural gas increase
HELENA - NorthWestern Energy said Thursday it will ask the Public Service Commission to approve a 45 percent increase in natural gas rates for its customers.
The company, citing its own growing costs for securing natural gas, told the panel it will file a formal request on Monday, and wants to start collecting the increase in July.
Pat Corcoran, NorthWestern's vice president for regulatory affairs, said natural gas prices have gone up dramatically across the country, and the company needs to pass its costs on to customers.
The request comes on the heels of a 36 percent rate increase the PSC...