Butte, Mont. - May 25, 2021 - NorthWestern Energy filed a request with the Montana Public Service Commission to adjust propane supply rates for its Townsend, Montana, propane service. The increased rate, from $0.86 per therm ($0.79 a gallon) to $1.15 per therm ($1.06 per gallon), begins on an interim basis June 1, 2021.
The overall cost adjustments translate into a total bill increase of $15.28 per month for a typical residential customer using 55 therms. The actual increase will depend on each customer's usage.
Propane supply costs are adjusted annually based on the contracted market supply price, along with any over or under-collection of the previous year's contract. The rate is flat for the entire year.
NorthWestern has 594 propane customers in Townsend. NorthWestern does not have propane service in any other Montana community.
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About NorthWestern Energy (Nasdaq: NWE)
NorthWestern provides electricity and / or natural gas to approximately 743,000 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. More information on NorthWestern is available on the company's website at www.northwesternenergy.com.
Jo Dee Black
NorthWestern Corporation published this content on 25 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 May 2021 16:48:04 UTC.