MONEY

Washington AG urges UTC to reject Northwest Natural Gas Company’s steep rate hikes

Apr 8, 2026, 12:58 PM | Updated: 2:42 pm

Northwest Natural Gas Company...

A burner on a stove emits blue flames from natural gas. (Photo illustration: Tim Boyle, Getty Images)

(Photo illustration: Tim Boyle, Getty Images)

The Washington State Attorney General’s (AG) Office is challenging Northwest Natural Gas Company’s proposed rate hikes.

Washington State AG Nick Brown urged the Utilities and Transportation Commission (UTC) to reject a settlement agreement that would allow steep rate increases, according to a news release from the AG’s Office.

Northwest Natural Gas Company is a private utility authorized by the state to operate as the primary natural gas provider in southwest Washington. It serves 90,000 households in the Vancouver area.

Northwest Natural Gas Company seeks $36.5 million in rate increases

The company wants to increase its utility rates by $36.5 million, according to the AG’s Office. If approved, customers’ rates would increase by 19% in August 2026 to approximately $12.96 per month for the average household. Rates would then go up by 5.1% in 2027 and 5.9% in 2028. By August 2028, the average customer’s bill would have increased by $22.22 a month, roughly $267 per year.

Brown argued the increases are not “fair, just, or reasonable.”

“The costs of living are out of control, and the last thing Washingtonians need are unjustified hikes to their utility bills,” Brown stated in the release. “Utility companies provide critical services, but the push for profits should not be forced onto the backs of captive consumers.”

Why the AG’s Office is pushing back

The AG’s Office noted Northwest Natural Gas Company has increased its payouts to shareholders every quarter for the last 70 years. In 2025, it paid $81 million to shareholders. That means, on average, 12% of customers’ utility bills go to paying investors rather than actually paying for utility service.

Brown also pointed out that the company’s CEO was paid more than $4 million in 2024. The proposed rate increases would funnel an additional $4 million toward executive pay, trade group memberships, and investor relations.

The rate hikes would also guarantee Northwest Natural Gas Company a 9.5% return on equity over the next three years, which the AG’s Office argued is “unjustifiably high” and was calculated using an outdated method.

The UTC will host public comment on the case on April 30. The public can participate through Zoom or phone. More information can be found on the UTC’s website.

MyNorthwest has reached out to Northwest Natural Gas Company for comment.

Follow Julia Dallas on X. Read her stories here. Submit news tips here.

Money

goodwill portland wilt chamberlain warm-up jacket...

Jake Skorheim and Spike O'Neill Show

Portland teen’s $3 Wilt Chamberlain NBA Final jacket found at Goodwill sells for nearly $90,000

Earlier this month, 19-year-old Quinn Brown found a 1972 game-worn NBA Finals Wilt Chamberlain jacket at a Goodwill in Portland. The item sold for $89,600. 

3 days ago

goodwill portland wilt chamberlain warm-up jacket...

Jake Skorheim and Spike O'Neill Show

Portland teen finds $250K Wilt Chamberlain NBA Finals warm-up jacket at Goodwill for $3

A Portland teenager discovered a 54-year-old piece of sports memorabilia worth as much as $250,000 while rifling through a local Goodwill — and he bought it for $3.07.

7 days ago

seattle supersonics adam silver bidding war nba...

Charlie Harger

NBA Commissioner Adam Silver confirms secret bidding war for Seattle SuperSonics expansion team

NBA Commissioner Adam Silver confirmed Tuesday that multiple private groups are competing to land an expansion franchise in Seattle.

9 days ago

uw athletics budget deficit spending...

Gee Scott and Ursula Reutin Show

‘The priorities are beyond backwards’: KIRO producer rips college sports spending amid UW’s $16M athletics deficit

Examine UW's $16M athletics deficit and its effect on local businesses amid ongoing spending controversies.

15 days ago

trump cheaper gas freedom fuel...

John Curley Show

Trump’s cheaper gas network hasn’t reached WA yet, Curley questions who’s footing the bill

The Trump administration announced it has launched a couple dozen "Freedom Fuel" gas stations to create cheaper gas options.

16 days ago

Bellevue waterfront estate sale...

Jason Sutich

Microsoft executive buys waterfront Bellevue estate in $19.6M deal

Microsoft's Chief Marketing Officer Takeshi Numoto purchased a Hunts Point home in June, marking one of the largest home transactions of the year in Washington.

16 days ago

Washington AG urges UTC to reject Northwest Natural Gas Company’s steep rate hikes