NW Natural files $154.9M Oregon rate increase request; new rates target Nov 2024

Northwest Natural Holding Co

Requested annual revenue increase of $154.9M based on 10.1% ROE, 50% equity capital structure, and $2.14B average rate base.
Rate base increase of $381M vs. last case for distribution system reinforcement, IT/cybersecurity upgrades, and gas storage investments.
Oregon PUC review expected to take up to 10 months; new rates effective November 1, 2024, if approved.
Filing addresses inflation, updated depreciation study, and long-planned capital investments by NW Natural.

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