Cascade Natural Gas files annual purchased gas adjustment with WUTC

(KENNEWICK, WASH.)– Sept. 15, 2023 – Cascade Natural Gas filed several annual cost adjustments, including its annual purchased gas cost adjustment, with the Washington Utilities and Transportation Commission. The combined effect of all the filings is an overall decrease in annual revenues of 0.02%, according to a news release from Cascade Natural Gas.

The impact to an average residential customer using 54 therms per month will be a net increase of $0.23 per month, or 0.31%.

The filings submitted to the UTC for consideration also include the cost recovery mechanism for pipeline replacement, a decoupling mechanism adjustment, a conservation adjustment, an unprotected excess deferred income tax adjustment, and recovery of uncollected costs from the Washington Energy Assistance Fund for the 2022-23 program year. The changes are proposed to become effective Nov. 1.

The purchased gas cost adjustment application is filed each year to ensure the costs Cascade Natural Gas incurs on behalf of its customers are reflected in its sales prices. The cost of natural gas is a straight passthrough to customers; Cascade does not earn a profit on the cost of natural gas.

Customers also can contact Cascade Natural Gas at 888-522-1130 for more information.

Cascade Natural Gas urges all customers to use energy wisely. For more information about the company’s energy efficiency program, available rebates for installing high efficiency equipment, conservation tips, information on government payment energy assistance and programs to help consumers level out their energy bills over the year, go to the company’s website: www.cngc.com.