NorthWestern Corporation : - Energy prices escalating, customers urged to limit natural gas and electricity use for 48 hours
February 16, 2021 at 09:07 am EST
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Sioux Falls - Prices for natural gas and electricity are spiking and commercial and other customers should consider limiting their energy use for the next 48 hours when possible.
The entire region is experiencing extreme low temperatures, creating record demand and constraining energy reserves. Prices are escalating as energy demand exceeds supply.
'Prices are near historical highs in some cases,' said NorthWestern Energy Director of Long-Term Resources Bleau Lafave. 'It is important for customers to be aware of these prices as they make decisions about their operations.'
The escalated prices will likely impact customers in the future with higher natural gas commodity and electric fuel purchase bills.
About NorthWestern Energy (Nasdaq: NWE)
NorthWestern Corporation, doing business as NorthWestern Energy, provides electricity and / or natural gas to approximately 734,800 customers in Montana, South Dakota and Nebraska. We have generated and distributed electricity in South Dakota and distributed natural gas in South Dakota and Nebraska since 1923 and have generated and distributed electricity and distributed natural gas in Montana since 2002.
NorthWestern Energy Group, Inc., doing business as NorthWestern Energy, provides essential energy infrastructure and valuable services. The Company operates through two segments: electric utility operations and natural gas utility operations. The electric utility operations segment includes the generation, purchase, transmission and distribution of electricity. The natural gas utility operations segment includes the production, purchase, transmission, storage, and distribution of natural gas. It provides electricity and / or natural gas to approximately 775,300 customers in Montana, South Dakota, Nebraska, and Yellowstone National Park. Its operations in Montana and Yellowstone National Park are conducted through its subsidiary, NorthWestern Corporation, and its operations in South Dakota and Nebraska are conducted through its subsidiary, NorthWestern Energy Public Service Corporation. Its customer base consists of a mix of residential, commercial, and diversified industrial customers.
NORTHWESTERN ENERGY GROUP, INC. 
