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Northwest Natural Gas files to reduce Oregon rates.


PORTLAND Portland, town, England
Portland, town (1991 pop. 12,945), Dorset, S England. It is on the Isle of Portland, a small rocky peninsula. Portland stone has been used in St. Paul's Cathedral and other important London buildings. Lobsters and crabs are harvested.
, Ore.--(BUSINESS WIRE)--May 21, 1996--Northwest Natural Gas Co. has filed for a rate reduction of 1.2 percent for its Oregon Oregon, city, United States
Oregon, city (1990 pop. 18,334), Lucas co., NW Ohio, a suburb adjacent to Toledo, on Lake Erie; inc. 1958. It is a port with railroad-owned and -operated docks. The city has industries producing oil, chemicals, and metal products.
 residential customers effective July July: see month.  1, 1996.

The reduction would lower the average residential customer's bill by about 51 cents a month assuming average consumption of 66.7 therms a month.

The proposed rate reduction is to pass through to customers the ongoing impact of property tax savings attributable to Ballot Measure 5.

This would be the fourth rate reduction by Northwest Natural Gas in the last two years. It follows a 4.6 percent reduction for residential customers that became effective Dec. 1, 1995.

The proposed changes would reduce residential rates by 1.2 percent, commercial rates by 1.4 percent and industrial firm and interruptible rates by 1.3 percent. The proposed rate reductions would reduce Northwest Natural's Oregon annual revenues by $3,783,000.

The filing requires approval by the Oregon Public Utility Commission.

CONTACT: Northwest Natural Gas Co., Portland

Press: Doug Yocom, 503/220-2426 or 503/226-4211

Investor: Virginia Virginia, state, United States
Virginia, state of the south-central United States. It is bordered by the Atlantic Ocean (E), North Carolina and Tennessee (S), Kentucky and West Virginia (W), and Maryland and the District of Columbia (N and NE).
 Vance Burgess BURGESS. A magistrate of a borough; generally, the chief officer of the corporation, who performs, within the borough, the same kind of duties which a mayor does in a city. In England, the word is sometimes applied to all the inhabitants of a borough, who are called burgesses sometimes it , 503/220-2583 or 503/226-4211
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 21, 1996
Words:182
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