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Jun-03-2014 14:38printcomments

NW Natural Customers in Oregon to Receive Credit on June Bill

The credit is being given because of efficient pipeline capacity management and effective use of the company's underground natural gas storage facility in Mist, Oregon.


Something is better than nothing. NW Natural Gas Company announced on Tuesday that it will credit it’s customers in Oregon on their June bills. Photo Courtesy: mint.com

(SALEM, Ore. ) - Something is better than nothing. NW Natural Gas Company announced on Tuesday that it will credit it’s customers in Oregon on their June bills.

The $11 million dollar credit is from storage credit, and this is the thirteenth straight year that NW Natural customers have received a credit on their gas bills.

Customers can expect to see about $12 dollars for the average residential customer, and nearly $48 dollars for the average commerical customer.

The credit is being given because of efficient pipeline capacity management and effective use of the company's underground natural gas storage facility in Mist, Oregon, during the 2013 calendar year. The technique used to make the most of these resources is called "optimization." In the last 13 years, savings provided back to customers from the company's Mist gas storage operations have totaled more than $96 million.

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