Government regulators announced on Friday that they had approved an earlier request by Avista Corporation to increase natural gas prices by about 10 percent.
On August 31, Avista filed a petition with the Washington Utilities and Transportation Commission to increase natural gas emissions by 9.98 percent. For a customer who uses an average of 66 thermos per month, he will increase his account from $ 58.23 to $ 64.04 per month.
The commission said in a statement that “high consumer gas prices show partial increase in natural gas prices.” “Natural demand for natural gas has been declining as a result of the CVD-19 epidemic, which has led to mass costs for Washington’s infrastructure.
Avista wants to reclaim contracts for major natural gas purchases by October 2022.
Lack of supply and increasing demand for natural gas Prices hit hard in early 2022 – both nationally and regionally, Avista spokeswoman Selena Mok reported last month.
Other factors contributing to high prices in the West include a decrease in the average water year and the increase in demand for natural gas in the region.
With California’s high demand, repairs to interstate pipelines have reduced its ability to transport natural gas from Canada to the Pacific Northwest, Mock said.
The pending increase was approved by the three-member UTC board this summer following a 2.6% increase in natural gas volume and effective August 1.
“The commission will encourage gas customers to access their accounting and assistance programs regarding their ability to pay their bills this summer,” the statement said.Thomas Klaus can be reached at (509) 459-5495 or email@example.com.