OPUC Approves Northwest Natural's Rate Case, Phases Out Line Extension Allowance By 2027, And Orders $13.7M Rate Base Reduction; Revenue Requirement Increases By $93.3M With Adjusted Rate Base At $2.09B; New Rates To Begin November 1, 2024
OPUC Approves Northwest Natural's Rate Case, Phases Out Line Extension Allowance By 2027, And Orders $13.7M Rate Base Reduction; Revenue Requirement Increases By $93.3M With Adjusted Rate Base At $2.09B; New Rates To Begin November 1, 2024
On October 25, 2024, the OPUC issued an order approving the Stipulations and resolving the remaining open items in the Rate Case. Along with resolving several non-revenue items, the OPUC affirmed its decision in NW Natural's prior general rate case docket to phase out NW Natural's line extension allowance (LEA) by November 1, 2027. Additionally, the OPUC ordered a downward adjustment to rate base of $13.7 million of undepreciated line extension costs, which we expect to result in a non-cash, pre-tax charge of approximately $13.7 million, or approximately $10.1 million after-tax (or approximately 26 cents per share1), in the fourth quarter of 2024.
2024年10月25日，OPUC發佈了一項命令，批准了《和解協議》，並解決了費率案中剩餘的問題。除解決幾個非收入項目外，OPUC確認了其先前在NW Natural的一般費率案卷中作出的決定，即在2027年11月1日前逐步淘汰NW Natural的線路延伸補貼（LEA）。此外，OPUC下令將未折舊的線路延伸成本的費率基數調整爲1370萬美元，我們預計這將導致2024年第四季度的一筆非現金、稅前費用約1370萬美元，或約1010萬美元的稅後費用（或約每股1美元的約26美分）。
The final order and adjustments for completed capital projects resulted in a revenue requirement increase of $93.3 million over existing rates. Average rate base after final adjustments for completed capital projects was $2.09 billion or an increase of $334 million since the last rate case.
已完成的資本項目的最終訂單和調整導致營業收入需求增加9330萬美元。完成的資本項目的最終調整後的平均費率基數爲20.9億美元，比上一次費率案增加了33400萬美元。
NW Natural expects new rates to take effect November 1, 2024.
NW Natural預計新費率將於2024年11月1日生效。
譯文內容由第三人軟體翻譯。
