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.
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% percent reduction in commercial rates. If approved, starting Nov. 1, the average homeowner will pay about 79 cents less a month, and the average commercial customer will pay about $3.94 less a month.
NW Natural plans to file in Oregon on Thursday, Sept. 15, 2016. We will post updated information at that time.
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.