Cascade Natural Gas Files Rate Increase Request With WA UTC - NBC Right Now/KNDO/KNDU Tri-Cities, Yakima, WA |

Cascade Natural Gas Files Rate Increase Request With Washington UTC

Posted: Updated:

KENNEWICK, Wash. - Cascade Natural Gas Corporation files a Purchased Gas Adjustment with the Washington Utilities and Transportation Commission to increase pipeline capacity, reservation, and storage for natural gas.

The request, which includes the end of a year-long refund, would mean a 19 percent increase for Cascade customers in Washington.

Under the request, a residential customer using 54 therms a month can expect an increase of $8.43 an average per month, or approximately $101 for a 12-month period.

A commercial customer using an average of 266 therms a month can expect an increase of $41.70 per month or approximately $500 for a 12-month period.

A PGA is a mechanism designed to pass the actual costs of gas supplies to customers. It is very common for the company to either under or over collect through the year as the natural gas market changes throughout the year. The actual purchase price usually differs from the projected price.

The proposed rate increase is expected to go into effect on Nov. 1, 2013, upon WUTC approval.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KHQ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.