Our Company

For more than 100 years, NorthWestern Energy has been committed to delivering safe, reliable and innovative energy solutions.

We serve gas and electric to customers in the western two-thirds of Montana and eastern South Dakota. We also have gas service in Nebraska, and serve electricity to Yellowstone National Park.

We own and operate a diverse generation fleet of wind, water, natural gas and coal-fired resources and the high-voltage electric transmission system and distribution system. We also own and operate natural gas production, transmission and distribution systems.

Enriching Lives Through a Safe, Sustainable Energy Future

A map showing NorthWestern Energy's service territory in Montana, Nebraska and South Dakota.

Enriching Lives Through a Safe, Sustainable Energy Future

NorthWestern Energy has provided reliable and affordable electricity and natural gas to customers in Montana, South Dakota and Nebraska for more than 100 years.

Our Commitment to Sustainability

Sustainability means meeting today’s needs while planning for tomorrow’s as well. It is not just a matter of good environmental practices, being a sustainable enterprise must also incorporate social and governance best practices.

Our vision

Enriching lives through a safe sustainable energy future.

Our mission

Working together to provide safe, reliable and innovative energy solutions that create value for customers, communities, employees, and investors.

Our values

SERVICE: Safety, Excellence, Respect, Value, Integrity, Community, Environment

Our Natural Gas and Electric Service

NorthWestern Energy serves 337 communities in Montana, South Dakota and Yellowstone National Park with safe and reliable electricity. We serve natural gas to 202 communities in Montana, South Dakota and Nebraska.

Our Hydro Facilities

Our carbon-free hydro system is the foundation of our energy generation portfolio in Montana. In 2023, 35.7% of our electricity for Montana customers came from our hydro facilities.

Giving Back to Our Communities

NorthWestern Energy is committed to being a good corporate citizen of all the communities we serve. In 2023, we gave nearly $2 million in charitable donations and community support.

Delivering a Bright Future

Employee Noel Jacobson wears a hard hat and smiles in Power Park.

Delivering a Bright Future

We won't stop working until the future is as bright as it can be.

Where Does Your Energy Come From?

We provide safe, reliable energy through a balanced mix of clean energy and traditional resources.
NorthWestern Energy Delivering a Bright Future

NorthWestern Reports 2022 Financial Results

Date: Feb 16, 2023

TYPE: News

Categories: Investors, News and Events Categories

BUTTE, MT / SIOUX FALLS, SD - February 16, 2023 - NorthWestern Corporation d/b/a
NorthWestern Energy (Nasdaq: NWE) reported financial results for the year ended December 31,
2022. Net income for the period was $183.0 million, or $3.25 per diluted share, as compared with net
income of $186.8 million, or $3.60 per diluted share, for the same period in 2021. This decrease of
$3.8 million in net income was primarily due to higher operating expense (including depreciation and
property taxes) and interest expense, lower transmission revenues, a less favorable Qualifying
Facilities (QF) liability adjustment as compared to the prior year and higher non-recoverable electric
supply costs in Montana. These impacts were partly offset by increased revenue from higher electric
and natural gas retail volumes due to favorable weather and customer growth and Montana electric
and natural gas interim rates (which are subject to refund). The decrease in per share earnings was
also affected by equity issuances during 2022, which increased average common shares outstanding.

Equity issuances during the year contributed to $0.27 of the $0.35 decrease in per share earnings.

Read the full press release