BAKER CITY – (Release by Oregon Public Utilities Commission) The Oregon Public Utility Commission (PUC) recently approved an increase in rates for Cascade Natural Gas customers due to the annual purchased gas adjustment – which goes into effect November 1, 2021. Since 2009, Cascade Natural has experienced nine rate decreases and four rate increases due to this purchased gas adjustment.
The PUC approves adjustments annually to the rates of the three regulated natural gas companies, including Cascade Natural Gas, Avista Utilities, and NW Natural, 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.
The PUC approved an overall revenue increase of $7.4 million for Cascade Natural customers for the PGA annual filing when compared to 2020 company gross revenues. The increase, effective November 1, 2021, is largely due to significant weather-related events and the increase in natural gas prices worldwide. This adjustment is effective November 1, 2021. The result of this decision is an increase in customer rates as indicated below:
According to the U.S. Energy Information Administration’s 2021 Winter Fuels Outlook, nearly half of U.S. households that heat primarily with natural gas will spend 30 percent more on average than they spent last winter.
To increase energy efficiency and save on bills, customers are encouraged to:
Cascade Natural Gas serves more than 79,000 customers in the Bend region and parts of Northeast Oregon.
About the PUC
The Oregon Public Utility Commission (PUC) regulates customer rates and services of the state’s investor-owned electric, natural gas and landline telephone utilities, as well as select water companies. The PUC’s mission is to ensure Oregon utility customers have access to safe, reliable, and high quality utility services at just and reasonable rates. This is done through robust analysis and independent decision-making conducted in an open and fair process.