Montana Public Service Commission Announces Utility Rate Reductions Due to Property Tax Adjustments

The Montana Public Service Commission (PSC), announced on February 2 the expected reductions in Montana residential customers’ electric and natural gas utility bills resulting from property tax adjustments affecting Treasure State electric and natural gas suppliers.

PSC President James Brown said of the adjustments, “These adjustments come as a result of property tax rate changes which lower costs for energy suppliers which are then included in utility rates under Montana law,” adding, “These adjustments will generally cut utility bills for the vast majority of Montana’s residential customers....