Sunday, September 2, 2007

Retail Natural Gas Prices Down in Oregon

It was reported on Saturday, September 01, 2007 by the Register-Guard on their Internet website that Oregon's largest natural gas utility plans to cut its rates starting in November 2007.
It was reported on Saturday, September 01, 2007 by the Register-Guard on their Internet website that Northwest Natural Gas said the reduction of nearly 6 percent would save its average residential customer $4.65 a month and that commercial rates would fall about 7 percent, and the rates for most industrial customers would fall about 9 percent.

It was reported on Saturday, September 01, 2007 by the Register-Guard on their Internet website that the proposal was filed Friday with state regulators. Last month in the Northwest power journals the utility companies said Oregon utility rates would be flat or even increase slightly, but Northwest Natural spokesman Steve Sechrist said that since last winter was mild and supplies are abundant it will be able to cut the rates instead of increasing them.

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