Dylan Line's questions to NorthWestern Energy Group Inc (NWE) leadership • Q4 2024
Question
Dylan Line inquired about the timeline for earning the authorized return in Montana, potential changes to the rate structure for new generation or data centers, and the context behind the company's legislative push on strict liability.
Answer
CFO Crystal Lail noted that Montana's historic rate-making creates regulatory lag, making it difficult to consistently earn the full authorized return. However, she and CEO Brian Bird expressed openness to working with the commission on new tariff structures for large loads like data centers. Regarding liability, Brian Bird clarified the legislative goal is to limit non-economic and punitive damages related to wildfires, a standard separate from inverse condemnation, which IR Officer Travis Meyer confirmed relates to eminent domain.