NW NATURAL REDUCES RATES

Northwest Natural Gas Company, has announced that the Public Utility Commission of Oregon (OPUC) approved a rate reduction for NW Natural gas customers. The company has been approved to raise its base rates.  The adjustments will result in about a 5 percent rate reduction for residential customers and about a 6 percent reduction for commercial customers. 

In a press release, Gregg Kantor, NW Natural president and CEO, said,  "Natural gas costs have fallen steadily, in large part because of robust domestic natural gas supplies," "That means that over the last four years, our customers have saved about $400 million from lower gas prices."

NW Natural’s customers will see the change on their bills starting today.