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Nearly 60% Carbon-Free Resources

Carbon-Free Resources

US national average is 29% in 2019
US national average is 29% in 2019

2020 Women on Board Distinction

4 of 10 NWE board members are female

Only 20% of utilities have a board with 40% or more femails
Only 20% of utilities have a board with 40% or more femails

27:1 CEO to Average Employee Pay

Our peer group average at 37:1

Electric utilities average at 58:1
Electric utilities average at 58:1

5th Best Rated Utility for Governance

by Moody's Investor Services

Rating of 50 electric North American utilities
Rating of 50 electric North American utilities

Frequently Asked Questions

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Yes. Data centers are a proven source of jobs, tax revenue, and long-term economic strength — helping diversify and grow Montana’s economy.
No. NorthWestern Energy’s approach ensures that existing customers are protected.
Yes. With careful planning, transmission studies, and a balanced mix of renewable and on-demand generation, we can support new industries while maintaining reliable service for all.
Enhanced Powerline Safety Settings will be enabled on targeted powerlines across our service territory in areas with higher risk of wildfire, and during times when wildfire weather conditions are present. This includes high winds, very dry vegetation, and low humidity. If weather conditions don’t meet the need for EPSS, settings will be returned to normal operations to reduce the frequency of unplanned outages.
Many things can cause an unplanned outage, including hazards such aa a tree branch or animal hitting a powerline. Hazards could cause an unplanned outage on any power line, including those without EPSS. Lines with EPSS help prevent wildfires by turning power off faster.

During wildfire season, NorthWestern Energy takes proactive steps to ensure safety while balancing reliability. These prevention measures and response activities can result in power outages. NorthWestern makes the electric system more sensitive to potential hazards, such as a tree touching a line, and then automatically turns off power to prevent fires. The resulting outage is unplanned.

A Public Safety Power Shutoff (PSPS) is a measure of last resort to protect our communities from potential wildfires. Public Safety Power Shutoffs are used only extreme situations during severe fire weather. PSPS are planned outages with advance communications to the area that will be impacted. Our Wildfire Mitigation Plan includes numerous strategies to prevent our power lines from sparking a wildfire. Public Safety Power Shutoffs are used only in extreme situations during severe fire weather.

NorthWestern Energy will consider enabling Enhanced Powerline Safety Settings (EPSS) on targeted power lines during high-risk wildfire weather conditions, including strong winds, very dry vegetation, and low humidity.

Enhanced Powerline Safety Settings make the electric system more sensitive to potential hazards and automatically turn off power to reduce the risk of sparking a fire.

In normal conditions, NorthWestern Energy uses devices called “automatic reclosers”. These devices will attempt to reconnect the power when confronted with a hazard, such as a tree branch brushing against a line, in case the hazard is no longer an issue. When EPSS are enabled, the reclosers’ settings are changed to no longer attempt to reconnect power to protect against potential sparks. Enabling EPSS helps keep you safe, but this also means that customers in these areas may experience more frequent unplanned power outages.

Get an email or text notification when your bill is ready, a payment is due or more.

Login to My Energy Account and select “Notifications” from the menu. If you aren’t registered for My Energy Account, sign up today! It’s free and easy.

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Get an email or text notification if your power goes out, when it is restored and more.

Login to My Energy Account and select “Notifications” from the menu. If you aren’t registered for My Energy Account, sign up today! It’s free and easy.

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The Electric Technical Advisory Committee (ETAC) is established under Montana Code Annotated § 69-3-1208 and the Administrative Rules of Montana 38.5.2023. It serves as an advisory body to NorthWestern Energy, providing input and recommendations on various issues related to our electricity system, particularly in the areas of portfolio planning, resource management and procurement as part of the development of the integrated resource plan (IRP) process.

Learn more about ETAC

Planning construction? A new build or a remodel? Demolition or an addition? We can help you move existing utility lines or install new ones. Visit our Construction Application for your service area and apply online or learn more about our Construction Services

We offer many ways to connect with us:

During a Public Safety Power Shutoff, NorthWestern Energy will shut off power to certain lines in areas where wildfire risk is unacceptably high due to extreme weather conditions. This is done proactively before a wildfire starts burning.

This is different than a rolling blackout, when power is shutoff to stabilize the grid during periods of peak demand.

  • Make a plan for medical needs such as refrigerated medicine or electrically powered medical equipment. This could mean finding a place you can go during an outage or using a backup generator.
  • For medical emergencies, call 911.

Be sure NorthWestern Energy has your current phone number and email address. Update your contact information by logging in to My Energy Account or by calling us at 888-467-2669.

Make a plan:

  • Prepare for medical needs, such as refrigerated medicine or electrically powered medical equipment.
  • Build a summer outage kit that includes bottled water, non-perishable food, baby food or formula and diapers, pet food, medications and other necessities. Keep a block of ice in the freezer.
  • Plan for a way to feed and water pets or livestock in case well pumps don’t have power.

Stay safe if the power goes out:

  • Turn off all but one light, so you will notice when we have restored your electricity.
  • Unplug computers, chargers, TVs, VCRs and other sensitive appliances to avoid possible damage when electricity is restored.
  • When power resumes, reset clocks and check automatic alarms and timers. Plug in only essential items. Wait 10 minutes before connecting the remainder of your items to let the electrical system stabilize.
  • Do not open freezers or refrigerators more than necessary. A refrigerator will keep food cold for about 4 hours if it is unopened. A full freezer will keep the temperature for approximately 48 hours (24 hours if it is half full) if the door remains closed.
  • If you see a downed or damaged power line, keep your distance and call 911 immediately. Assume all power lines are energized. Never touch a power line or any object, including trees, that is in contact with a line.

Learn more about Public Safety Power Shutoffs

If you will be impacted by a potential Public Safety Power Shutoff, NorthWestern Energy will notify you directly multiple times throughout the process. You will receive an automated phone call and email from us before power is turned off and after it is restored.

However, we can only contact you if we have your correct contact information. Update your contact information by logging in to My Energy Account or by calling us at 888-467-2669.

NorthWestern Energy will also post information on our website and social media accounts about Public Safety Power Shutoffs. For the most up-to-date information during an event, visit NorthWesternEnergy.com.

 

Public Safety Power Shutoffs can vary in length. We will not restore power until weather conditions have improved to the point where we can safely operate the electrical grid. After the extreme weather conditions have passed, we will patrol electrical lines to make sure no branches, trees or other items have fallen into the lines. Once any damage has been repaired, NorthWestern Energy will restore power. A Public Safety Power Shutoff, plus the time to patrol and make repairs, could last several hours or even days. If storm damage occurs, restoration could take longer.

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At least 48 hours before most Public Safety Power Shutoffs, NorthWestern Energy will notify customers who may be impacted. We will continue to update our customers as we monitor the situation and determine whether a power shutoff is necessary. Before power is turned off, all impacted customers will be contacted via phone and email (if we have your email address on file). Power will remain off until weather conditions have improved to the point where we can safely operate the electrical grid.

Customers will also be notified when their power has been restored.

Be sure NorthWestern Energy has your current phone number and email address. Update your contact information by logging in to My Energy Account or by calling us at 888-467-2669.

All customers should be prepared for outages, including Public Safety Power Shutoffs. Public Safety Power Shutoffs are most likely to occur where homes and other structures are built in wildfire-prone areas. This can include forested areas on the outskirts of larger towns or cities, or rural forested areas. However, a Public Safety Power Shutoff could also be needed near prairies, grasslands and farms. The least likely place to have a Public Safety Power Shutoff is in a populated, urban area.

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NorthWestern Energy Reports 2025 Financial Results

Date: Feb 11, 2026

TYPE: News

Category: Investors

  • 2025 Diluted GAAP EPS of $2.94, compared to $3.65 in 2024.
  • 2025 Adjusted Diluted Non-GAAP EPS of $3.58, compared to $3.40 in 2024.
  • Affirms 4% to 6% long-term EPS growth rate.
  • Announces 2026 earnings guidance range of $3.68 to $3.83 per diluted share.
  • Increases quarterly dividend by 1.5% - to $0.67 per share - payable March 31, 2026.
  • Announces $3.2 billion 5-year capital plan, a 17% increase over prior plan.

BUTTE, MT / SIOUX FALLS, SD - February 11, 2026 - NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (Nasdaq: NWE) reported financial results for the year ended December 31, 2025. Net income for the period was $181.1 million, or $2.94 per diluted share, as compared with net income of $224.1 million, or $3.65 per diluted share, for the same period in 2024. This decrease was primarily due to higher operating expenses, including a non-cash charge for the regulatory disallowance of certain Yellowstone County Generating Station (YCGS) capital costs, merger-related costs, and depreciation, interest expense, Montana property tax tracker collections, non-recoverable Montana electric supply costs, and higher income tax expense. These were partly offset by higher rates, electric transmission revenue, natural gas transportation revenues, and retail volumes.

NorthWestern's 2025 non-GAAP net income and earnings per share were $220.1 million and $3.58, respectively, compared to $208.9 million and $3.40 in 2024. See “Adjusted Non-GAAP Earnings” and “Non- GAAP Financial Measures” sections below for more information on these measures.

“We are pleased to report on what has been an exceptionally busy and transformational year for NorthWestern” said Brian Bird, President and Chief Executive Officer. "Throughout 2025, we advanced several major initiatives to support safe, reliable, and affordable service for our customers across Montana, South Dakota, and Nebraska. In Montana, the passage of House Bill 490 was a critical achievement, providing clarity and limits around wildfire-related risks and offering greater certainty for our customers, communities, and investors. We also completed the Energy West acquisition, welcoming roughly 33,000 new natural gas customers to our system. In addition, we completed our Montana electric and natural gas rate review in December, receiving recovery of the significant investments we made to reliably serve our customers and incorporating the Yellowstone County Generating Station into rates — an asset that had already been delivering value to customers since the start of 2025.”

“The year also marked important steps forward in our long-term strategic vision. We announced our merger agreement with Black Hills Corporation in August, a combination that will create a stronger, more resilient utility better positioned for the future. Together, we have filed applications with regulators in Montana, South Dakota, Nebraska, and FERC, targeting a close in the back half of 2026. We also completed the acquisition of the Avista and Puget Colstrip interests on January 1, 2026—a timely and strategic transaction that advances resource adequacy, protects our ability to serve our Montana customers reliably and affordably, and supports the potential integration of large-load customers, delivering long-term benefits for our customers, communities, and investors. Our progress this year reflects the dedication of our exceptional employees and the trust of the customers and communities we proudly serve, and as we move into another year of strong execution, we remain committed to providing safe, reliable, and affordable energy while advancing long-term value for our shareholders,” said Bird.

Read the full Press Release or visit Financial/Webcasts to learn more. 

NorthWestern Energy - Delivering a Bright Future

NorthWestern Energy Group, Inc., doing business as NorthWestern Energy, provides essential energy infrastructure and valuable services that enrich lives and empower communities while serving as long-term partners to our customers and communities. We work to deliver safe, reliable, and innovative energy solutions that create value for customers, communities, employees, and investors. We do this by providing low-cost and reliable service performed by highly-adaptable and skilled employees. We provide electricity and / or natural gas to approximately 842,100 customers in Montana, South Dakota, Nebraska, and Yellowstone National Park. Our operations in Montana and Yellowstone National Park are conducted through our subsidiary, NW Corp, and our operations in South Dakota and Nebraska are conducted through our subsidiary, NWE Public Service. We have provided service in South Dakota and Nebraska since 1923 and in Montana since 2002.

 

Investor Relations Contact:

Travis Meyer

(605) 978-2967

travis.meyer@northwestern.com

Media Contact:

Jo Dee Black

866-622-8081

jodee.black@northwestern.com

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NorthWestern Energy makes it easy to manage your energy account. Here are just a few things available to you when you register!

  • Track your electric and natural gas use
  • Make payment arrangements or get assistance
  • Register for EZ Pay
  • Make a one-time payment
  • Sign up for paperless billing
  • Report a power outage
  • Start, stop, or move service
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