Flexible Renewable Storage Potential
51
NET INCOME BRIDGE
Drivers included:
•
Higher margin from new rates in Oregon and
customer growth in Natural Gas Distributions
segment (NGD)
NGD
Margin
Excld. Feb.
Event $0.96
Lower financial impacts from COVID-19
.
•
Increased O&M from compensation & non-
payroll factors
Higher depreciation & general taxes from higher
level of system investments
February 2021 winter weather event included
higher asset management revenues partially
offset by a loss from the gas cost incentive
sharing mechanism as a result of purchasing
higher priced gas than was forecasted during
the event
$0.80
NI
from
Cont.
Ops
Q3 2020 vs. Q3 2021
NGD
O&M
$-0.28
NGD
NGD
Deprec&
Taxes
Gen Taxes
$-0.02
$-0.24
Feb. '21
Winter
Event
$0.09
$1.24
Other
$-0.07
Net
Income
NW Natural
HOLDINGS™View entire presentation