Diverse Resource Portfolio & Low-Carbon Pathway
18
INVESTING IN GAS SYSTEM
Customer growth
• New construction & conversions
Main extensions
Safety & Reliability
•
Recurring replacements
Enhanced system reliability to support growth
Technology
Cybersecurity & customer facing technology
Efficiencies and upgrades
Enterprise resource planning system
System Capital Expenditures*
(In millions)
~$300
$278
20
$248
24
25
~$230
Avg/Yr
30
45
$201
75
15
21
51
$164
40
34
34
32
32
75
146
115
109
100
12
91
72
Facilities
• Resource and operations center renovations
Renewable Natural Gas (RNG)
Planned investments in four projects
The timing and amount of the core capital expenditures and projects for 2021 and the next five years could change based on regulation,
growth, and cost estimates. Additional investments in our infrastructure during and after 2021 that are not incorporated in the estimates
provided will depend largely on additional regulations, growth, and expansion opportunities. Required funds for the investments are
expected to be internally generated and/or financed with long-term debt or equity, as appropriate.
57
55
58
63
65
2017
2018
Customer Growth
2019
65
2020
2021F
2021F 2025F
■Technology
Facilities
■RNG
■Safety and Reliability
*Chart is based on accrual cap-ex figures and excludes North Mist Gas Storage Facility construction costs
Five-Year Cap-Ex Approximately $1.1 Billion
NW NaturalⓇView entire presentation