SiEnergy Reaches Settlement in Texas General Rate Case
NW Natural Holding's Texas subsidiary SiEnergy reached a settlement in its general rate case with RRC staff and served cities, filed Sept. 22 and pending RRC approval. The settlement provides an $8.6 million annual revenue requirement increase versus a $12.0 million original request, with a 59.75% equity ratio, 9.8% ROE, and 8.0% overall cost of capital on a $343 million rate base.
Key figures
- Rate base
- $343 million
- Equity ratio
- 59.75%
- Cost of capital
- 8.0%
- Return on equity
- 9.8%
- New rates effective
- November 2026
- Long term debt ratio
- 40.25%
- Original revenue request
- $12.0 million
- Revenue requirement increase
- $8.6 million
- Rate base increase since 2023
- $177 million
AI analysis
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