HELENA - PPL Montana says it is still evaluating its options after the Montana Supreme Court said the utility must pay the state for the use of the riverbeds where hydroelectric dams sit.
PPL Montana was ordered to pay $40 million in current and back rent, along with more in future rent. The company has 90 days from the March 30 decision to respond.
Company spokesman David Hoffman says the utility is evaluating its options - which could include a possible appeal to the U.S. Supreme Court.
But with every passing day, the amount the company potentially owes Montana goes up. State law says court-ordered judgments accrue interest at a rate of 10 percent.