Cascade Aims for Divident Payouts

Fortnightly Magazine - October 1 1996
This full article is only accessible by current license holders. Please login to view the full content.
Don't have a license yet? Click here to sign up for Public Utilities Fortnightly, and gain access to the entire Fortnightly article database online.

The Washington Utilities and Transportation Commission (UTC) has approved a settlement agreement allowing Cascade Natural Gas Corp. (CNG) to increase its rates by $3.8 million a year starting August 1, 1996.

Reuters Events – Energy Transition North America 2022 – #ETNA2022 – Register Now – Houston, Texas; November 9–10

CNG will also hike its monthly service charge to residential, commercial, and core industrial customers by $1 on August 1, 1997, and by another $1 on August 1, 1998. The utility says the revenue increase would be offset by concurrent decreases in rates for transportation customers. CNG has promised not to pursue another rate increase for three years; the new rates will contribute about $0.14 per share annually. t

Lori A. Burkhart is an associate legal editor of PUBLIC UTILITIES FORTNIGHTLY.

15

Articles found on this page are available to Internet subscribers only. For more information about obtaining a username and password, please call our Customer Service Department at 1-800-368-5001.

This full article is only accessible by current license holders. Please login to view the full content.
Don't have a license yet? Click here to sign up for Public Utilities Fortnightly, and gain access to the entire Fortnightly article database online.