NW Natural Gas announces rate increase
November 3, 2021
The Oregon Public Utility Commission (PUC) recently approved an increase in natural gas rates for NW Natural customers due to an annual purchased gas adjustment, which went into effect Nov. 1.
The PUC approves adjustments annually to the rates of the three regulated natural gas companies, including NW Natural, Avista Utilities and Cascade Natural Gas, to reflect changes in the actual cost of wholesale-priced natural gas, known as the Purchased Gas Adjustment (PGA).
This allows companies to pass through their actual cost of purchasing gas to customers without a markup on the price.