Sienergy Reaches Settlement In Texas General Rate Case
NWN•Settlement details in Texas rate case
Sept. 23 (Reuters) - Northwest Natural Holding Company NWN.N:
- Sienergy reaches settlement in Texas general rate case
- Northwest Natural Holding Company said the settlement was filed with the Railroad Commission of Texas on Sept. 22, pending approval
- The settlement provides for an $8.60 million increase in annual revenue requirement
- The settlement provides 59.75% equity, 9.8% ROE, 8.0% cost of capital
- New rates are expected to take effect in November 2026 if approved
- The settlement permits consolidation of Sienergy Gas and gas distribution entities
- The settlement reflects a rate base of $343 million, up $177 million since 2023
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