SiEnergy reaches Texas rate case settlement for $8.6M revenue increase

Northwest Natural Holding Co

Settlement filed with Texas RRC on Sept 22; provides $8.6M annual revenue increase vs $12.0M requested.
Capital structure set at 59.75% equity / 40.25% debt; ROE 9.8%; overall cost of capital 8.0%.
Combined rate base $343M, up $177M since 2023; consolidation of SiEnergy Gas, Pines Gas, Pines Development.
If approved, new rates expected November 2026; GRIP interim adjustment factors established.
RRC approval still required; order may approve, modify, or deny the stipulation.

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