Summary
NorthWestern Corporation, doing business as NorthWestern Energy, provides electricity and natural gas to residential, commercial, and various industrial customers. The company operates through Electric and Natural Gas segments. It generates, purchases, transmits, and distributes electricity; and produces, purchases, stores, transmits, and distributes natural gas, as well as owns municipal franchises to provide natural gas service in the communities. The company operates 6,819 miles of electric transmission and 18,177 miles of electric distribution lines with approximately 400 transmission and distribution substations; and 2,166 miles of natural gas transmission and 4,945 miles of natural gas distribution lines with approximately 138 city gate stations in Montana. It also operates 1,308 miles of electric transmission and 2,320 miles of electric distribution lines in South Dakota; and 55 miles of natural gas transmission and 2,517 miles of natural gas distribution lines in South Dakota and Nebraska. The company serves approximately 753,600 customers in Montana, South Dakota, Nebraska, and Yellowstone National Park. NorthWestern Corporation was incorporated in 1923 and is based in Sioux Falls, South Dakota.
History
The Montana operations were acquired around 2000 after that state passed legislation allowing the electric utility industry to be 'unbundled'. Out of state investors then immediately acquired the generation assets of Montana Power, leaving that part of the territory vulnerable to high "spot" prices on the energy market . In 2014, NorthWestern purchased the dams that were originally part of Montana Power for $900 Million from PPL Corporation.
Mission
Our mission is to make the world a better place by providing reliable and cost-effective quality energy solutions through industry-leading sustainable practices.
Vision
Our vision is to be the premier energy provider in our industry, delivering reliable and responsible resources that everyone can count on.
Key Team
Ms. Jeanne M. Vold (VP of Technology)
Ms. Heather H. Grahame (Gen. Counsel and VP of Regulatory & Federal Gov't Affairs)
Mr. Michael L. Nieman (Chief Audit & Compliance Officer)
Ms. Bobbi L. Schroeppel (VP of Customer Care, Communications & HR)
Mr. Curtis T. Pohl (VP of Asset Management & Bus. Devel.)
Mr. Travis Meyer (Director of Corp. Fin. & Investor Relations Officer)
Mr. Daniel L. Rausch (Treasurer & Corp. Devel. Officer)
Recognition and Awards
NorthWestern Corporation has been recognized for its commitment to sustainability and innovation in the energy industry. The company has received numerous awards including the U.S. Environmental Protection Agency’s ENERGY STAR Manufacturer’s Partner of the Year Award, the American Wind Energy Association Partner of the Year Award, and the American Council for an Energy-Efficient Economy’s Utilities Exemplary Achievement Award.
References
United States 