Alex Motel's questions to NorthWestern Energy Group Inc (NWE) leadership • Q4 2024
Question
Alex Motel sought clarification on whether NorthWestern expects to be within its 4-6% growth range every year and asked if increased spending could exacerbate regulatory lag challenges in Montana.
Answer
CFO Crystal Lail stated that while the company is committed to the 4-6% growth range over the long term, earnings may be 'lumpy' year-to-year, with some years potentially falling above or below the range. She acknowledged that attracting large-scale investment to Montana will require working with the commission to solve for timely cost recovery to mitigate the impacts of regulatory lag and make the state more attractive for capital investment.