Tuesday, October 21, 2014

Northwest Natural Gas Company, dba NW Natural (NYSE:NWN), will issue an Interstate Storage credit to its Oregon customers on their June bills.

 

The credit is for approximately $8.5 million and will equate to about $9.18 for the average residential customer in Oregon or nearly $44 for the average commercial 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.

In the last 12 years, savings provided back to customers from the company's Mist gas storage operations have totaled more than $80.6 million.

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