OPUC Approves Rate Hike for NW Natural, Funds Coos County Pipeline Mitigation
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- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
The Oregon Public Utility Commission approved a rate increase request for NW Natural, effective October 31 for residential customers and November 1 for nonresidential customers. The approval established cost recovery for capital projects, including landslide mitigation work on the Coos County Pipeline. The commission lowered NW Natural's requested revenue increase to approximately $13 million and applied contributions from Coos County toward the mitigation costs.
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Why it matters
The rate changes reflect NW Natural's need to recover costs for capital projects and the Purchased Gas Adjustment, which accounts for expected natural gas costs. The approval also mandates that Coos County contribute funds to cover parts of the pipeline mitigation project.
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Who's involved
- Coos CountyCounty where the pipeline operates and is required to contribute funds for mitigation.
- NW NaturalUtility company that received the rate increase to cover capital projects and gas costs.
- Oregon Public Utility CommissionRegulatory agency that approved the rate increase and established cost recovery.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Coos CountySpeculative
Coos County might face increased budget costs due to required contributions for the pipeline mitigation project.
- NW NaturalSpeculative
NW Natural could see increased revenue from the approved rate increase and cost recovery for capital projects.
- Hoffman Construction CompanySpeculative
Hoffman Construction Company might see increased demand for construction services due to the required landslide mitigation work.
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The entities involved
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Coos County
county in Oregon, United States
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NW Natural
American publicly-traded utility headquartered in Portland, Oregon, United States
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Oregon Public Utility Commission
electric, gas and telephone utility regulatory agency for the state of Oregon, USA
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