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Contract approved for Montana wind farm project

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HELENA -

State regulators have approved contract terms for a new 25-megawatt wind power project near Big Timber.

The Montana Public Service Commission voted 4-to-1 on Tuesday to set terms for the Greycliff Wind Farm -- which will sell its power to NorthWestern Energy. 

That power, in turn, will become part of the utility’s supply for its 350,000 electric customers in Montana.

NorthWestern Energy and Greycliff could not agree on a price, so the PSC was called in to mediate.

Commissioners decided that Greycliff can arrange a contract of up to 25 years at a price of $45.49 per megawatt hour. 

That price is less than consumers are paying NorthWestern for power from the hydro-electric dams bought by the company two years ago.

NorthWestern Energy had wanted to pay Greycliff about $10-a-megawatt-hour less.

Greycliff will now proceed with building the project.

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