Northwest Natural Units Reach Settlement Over Texas Rates

MT Newswires Live
Sep 23

Northwest Natural Holdings' (NWN) units, SiEnergy Gas and its gas distribution affiliates, reached a settlement with key parties in their Texas general rate case, the company said Wednesday.

The proposed settlement would resolve all items in the general rate case and provides for an $8.6 million increase in the annual revenue requirement, compared with SiEnergy's request for $12 million, the company said.

The deal remains subject to approval from the Railroad Commission of Texas, the company said.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10