NBC Right Now: Cascade Natural Gas Files Rate Increase Request With Washington UTC

Emily Bowman, News/Web Producer

Updated: 41 minutes ago

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 usingan average of 266 therms a month can expect an increase of $41.70 per month orapproximately $500 for a 12-month period.

A PGA is a mechanism designed to pass the actual costs of gas supplies tocustomers. It is very common for the company to either under or over collectthrough the year as the natural gas market changes throughout the year. Theactual 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.