Do you ever feel like you know just enough about gas price history to be dangerous? Let's see if we can fill in some of the gaps with the latest info from gas price history experts.
2002
The monthly bill for a typical residential customer of Northwest Natural who used 59.8 therms decreased by $6.79 or, 10.5 percent. A typical customer’s bill dropped to $57.80 from $64.59. Commercial customers received a 14.9 percent rate decrease. Northwest Natural serves approximately 486,017 customers. Northwest Natural’s adjustment includes the effects of a recently approved elasticity mechanism, bill payment assistance and public purpose charges order, which slightly offset the amount of Northwest Natural’s decrease.
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The adjustment reduced Avista residential bills by 7 percent. A typical residential customer using 54 therms per month saw a reduction of $3.18 toward a lower monthly bill of $42.15. Commercial customers received an 8.2 percent rate decrease. This is in addition to a Commission approved 15.3 percent overall decrease that went into effect April 2, 2002. Avista serves approximately 80,285 customers in Southern Oregon.
The Commission decision also cut Cascade residential bills by 2.5 percent. The monthly bill for a typical customer using 62 therms per month dropped by $1.51, to $57.93 from $59.44. Commercial customers received a 3.9 percent rate decrease. Cascade serves approximately 45,265 customers in Central and Northeastern Oregon.
There's a lot to understand about gas price history. We were able to provide you with some of the facts above, but there is still plenty more to write about in subsequent articles.
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