Gas Price Information

The Cost of Natural Gas Drops Again

Each fall, NW Natural files for rate changes, based primarily on the wholesale cost of natural gas, plus some annual adjustments based on ongoing agreements with the commissions. These adjustments vary based on different usage patterns by residential and commercial customers.

Washington

In September 2016, NW Natural filed with the Washington Utilities and Transportation Commission (WUTC) for a 1.5% reduction in residential rates and a 1.8% reduction in commercial rates. As of Nov. 1, 2016, the average homeowner will pay about 79 cents less a month, and the average commercial customer will pay about $3.94 less a month.

Oregon

Also in September 2016, NW Natural filed with the Public Utility Commission of Oregon (PUC) for a 2.6% reduction in residential rates and a 1.6% reduction in commercial rates. As of Nov. 1, 2016, the average homeowner will pay about $1.40 less a month, and the average commercial customer will pay about $3.60 less a month.

Natural gas prices

Natural gas prices are expected to remain relatively stable during the coming year. Gas prices – and consequently NW Natural’s rates – continue to be lower than they were 15 years ago.