Just in time for the holidays; Cascade Natural Gas is asking the Public Utilities Commission permission to lower the price of natural gas to their customers.
Mark Hanson, spokesman for CNG says if approved, the reduction would take place on November first and be very noticeable. "So it will range from a residential customer, using an average amount of natural gas with average weather, not quite about 17.5%. So on a monthly basis they will see a reduction of about $9.86 on their monthly bill or a little over $118.00 a year; which comes out for a commercial customer about a little over $41.00 a month or just a little over $500.00 a year."
Hanson says the rate change is an annual adjustment that will "true-up" the actual cost of rates to the customers. CNG serves about 260,000 customers in Oregon and Washington.