New rates for 2023
Each year, NW Natural files a Purchased Gas Adjustment (PGA) to reflect changes in the expected cost of natural gas for the upcoming winter heating season and account for the differences between the estimated and actual cost of natural gas from the previous year. NW Natural does not mark-up the price of gas; the PGA is a passthrough of costs for the wholesale price and delivery of natural gas.
Starting November 1, 2023, most NW Natural customers in Oregon will see lower bills this winter because of lower wholesale prices of natural gas. As approved by the Oregon Public Utilities Commission (OPUC), residential rates will go down by about $8 a month for customers using an average of 56 therms per month. Small-commercial rates will go down by about $25. Large industrial firm rates will go down by $1,941, and large industrial interruptible rates will decrease by $4,199.
Most NW Natural customers in Washington will see temporary bill reductions starting November 1 because of lower wholesale prices of natural gas. As approved by the Washington Utilities and Transportation Commission (WUTC), residential rates will go down by about $13 a month for customers using an average of 58 therms per month. Small-commercial rates will go down by about $26, large industrial firm rates will go down by $2,901 and large industrial interruptible rates will decrease by $2,701.
Separately, on October 4, 2023, NW Natural filed a request with the WUTC to recover costs associated with a new climate program adopted by the Washington Department of Ecology. If approved as initially filed, rate increases to comply with the state-mandated Cap and Invest Program will differ based on several factors according to state rules. NW Natural’s residential bill discount program, which provides bill discounts to income-qualified customers, is also expected to go into effect on January 1, 2024, pending WUTC approval.
Frequently asked questions
Why are my rates changing now?
Does NW Natural mark-up the price of natural gas?
What is NW Natural doing to manage costs for customers?
It seems like the cost of everything is increasing right now and I’m concerned about paying my bill. What programs do you have?
How is my gas bill calculated?
Where can I learn more about new state-mandated climate policies?
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