Our Low-Carbon Pathway
WATER REGULATION
Collaborative, transparent, and productive relationships with regulators
Strong track record of approvals for acquisitions and constructive general rate cases as we seek recovery of
investments in water utility systems
KEY MECHANISMS:
COVID Deferral
Fair Market Value Legislation
RATE CASE TEST YEAR
RECENT RATE CASE
FILINGS
Status
ROE
Capital Structure
OREGON
WASHINGTON
IDAHO
TEXAS
✓
Forward
Historic¹
Historic1
Historic¹
Salmon Valley
Sunriver
Cascadia
Suncadia 2
Falls Water
Blue
Topaz³
Completed
Completed
Completed
Completed
Completed
N/A
9.5%
9.5%
12%
Confidential Settlement
10.2%
N/A
50% Equity
50% Debt
50% Equity
50% Debt
60% Equity
40% Debt
55% Equity
Confidential Settlement
N/A
45% Debt
38
1. Historic test year with the potential ability to adjust for certain future projects or events
2. Suncadia closed settlement addressed ROE, Capital Structure and Rate Base
3. Blue Topaz latest general rate case from 2008 and had an 11.91% ROR with 95% equity layer. This case was transferred from TCEQ (Texas Commission on Environmental Quality) to the PUCT (Public Utility Commission of Texas) in 2014.
NW Natural
WATER™View entire presentation