Rate decreases for Washington natural gas customers start Nov. 1
October 24, 2018
Natural gas customers in Washington will see changes on their energy bills beginning Nov. 1.
The Washington Utilities and Transportation Commission Tuesday approved rate decreases for Avista Corporation, Cascade Natural Gas, NW Natural, and Puget Sound Energy natural gas customers.
Natural gas companies are required to submit Purchased Gas Cost Adjustment (PGA) filings at least every 15 months to adjust rates based on the constantly changing cost of natural gas in the wholesale market. The total cost of gas is passed on to customers, which means companies do not profit from or lose money on gas purchases.
The variation in total gas rates among Washington’s investor-owned utilities is d...