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  "documentTitle": "NW Natural Holdings | Fixed Income Presentation Deck | 42 slides",
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  "presentationDate": "2023-06-01 00:00:00",
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      "text": "NW Natural®",
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      "text": "1 In Washington, NW Natural is currently recovering the ERP System Upgrade deferral. The COVID and TSA Cybersecurity recovery is expected to be determined through a future rate case proceeding.\n2 In Oregon, NW Natural shares PGA gains and losses\n3 In 2019, SB 5116 was passed granting the WUTC authority to incorporate costs and capital up to 48 months after the rate effective date. In 2021, SB 5295 was passed requiring multiyear general rate plans that include performance-based measures.\n4 Rate base is a 13-month average ending 12/31/22. Oregon rate base includes gas reserves and North Mist gas storage facility",
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      "text": "KEY DEFERRALS RECOVERING:\nCOVID: Oregon ✓, Washington ✓1\nERP System Upgrade: Oregon ✓, Washington ✓\nTSA Cybersecurity: Oregon ✓, Washington ✓1\nKEY MECHANISMS:\nDecoupling/WARM: Oregon ✓\nPurchased Gas Adjustment: Oregon ✓, Washington ✓\nEnvironmental Cost: Oregon ✓, Washington ✓\nIncentive Sharing2: Oregon ✓, Washington ✓\nRNG Automatic Adjustment Clause: Oregon ✓\nRATE CASE TEST YEAR: Forward, Multiyear3\nCURRENT RATE STRUCTURES:\nROE: 9.4%, Not determined\nROR: 6.836%, 6.814%\nEquity Ratio: 50%, Not determined\n2022 Rate Base4: $1.7B, $0.2B",
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