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JUL 08, 2014 - San Francisco Chronicle

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Montana regulators hold hearing on $900M dam deal

(AP) — Montana regulators are beginning a public hearing Tuesday to help determine whether NorthWestern Energy's $900 million plan to purchase 11 hydroelectric dams from PPL Montana is in the public interest. NorthWestern, the largest electric and natural gas utility in the state, announced the deal with the dams' current owner PPL Montana last year, saying the dams will provide an affordable, long-term electricity supply for customers. The purchase would benefit customers because energy prices would be based on the cost of production and not on varying prices NorthWestern pays for power ... Read More

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