NW Natural Rates Rise 7 Percent
Oregon regulators approved a 7.3 percent rate increase for NW Natural customers starting next month. The higher bills will cover capital projects and provide the utility with increased profits. The company also reached an agreement to compensate customers affected by recent wrongful service disconnections.
Insights:
Customers in parts of Oregon served by NW Natural will face a 7.3% utility bill increase, adding about $6.30 per month starting late October. The rate adjustment applies to homeowners and renters across Eugene-Springfield and Florence. The utility serves approximately 700,000 accounts across the United States state.
