Cascade Natural Gas Corp.

What Cascade Natural Gas Corp. does

Cascade Natural Gas Corporation is a regulated natural gas distribution utility serving residential, commercial, and industrial customers across Oregon and Washington. Founded in 1953 and headquartered in Kennewick, Washington, the company operates as a wholly-owned subsidiary of MDU Resources Group, Inc., a publicly traded member of the S&P SmallCap 600 that serves more than 1.2 million customers across eight states. Cascade delivers natural gas through a regulated pipeline distribution network, with revenue generated through tariffs approved by the Oregon Public Utility Commission and the Washington Utilities and Transportation Commission; the cost of natural gas itself is passed through to customers without margin.

The company's core offering is natural gas distribution service, augmented by a portfolio of energy efficiency, customer assistance, and digital service programs. These include residential and commercial rebate offerings for high-efficiency equipment, a Voluntary Renewable Natural Gas Program, weatherization assistance for income-qualified households delivered through Community Action agency partnerships, the CARES arrearage relief program, and online account and property management portals. Distribution is supported by a Trade Ally contractor network for energy efficiency installations across both states. The company's go-to-market relies on direct customer service (phone and digital self-service), regulatory engagement with state utility commissions, and coalition-based advocacy, including litigation against the Oregon Climate Protection Program.

Cascade's strategic posture is shaped by active regulatory engagement on both sides of the rate equation: a proposed 16.17% Washington revenue decrease and a parallel request for an over 17% Oregon rate increase to fund renewable natural gas and operational investments. Recent leadership changes at parent MDU Resources, including new Vice Presidents of Regulatory Affairs and Business Development and External Affairs (both effective January 13, 2025), reinforce an emphasis on regulatory strategy and growth. The company has no disclosed AI, software platform, or proprietary technology beyond traditional regulated utility infrastructure and customer-facing digital portals.

Name

Cascade Natural Gas Corp.

Legal name

Cascade Natural Gas Corporation

Website

https://cngc.com

Company type

Private

Founded year

1953

Operating status

Operating

Headcount range

251–500 employees

Short description

Cascade Natural Gas Corporation is a regulated natural gas distribution utility serving residential, commercial, and industrial customers across Oregon and Washington. It operates as a wholly-owned subsidiary of MDU Resources Group and generates revenue through state-approved utility tariffs and energy efficiency programs.

Ownership category

akta.pro rank

Product category

Natural gas distribution utility services

NAICS

Natural Gas Distribution (22121)

SIC

Natural Gas Distribution (4924)

akta.pro primary industry

Regulated Natural Gas Utility (LDC) Customer Acquisition & Switching (EUAAADAA)

akta.pro secondary industry

Residential Natural Gas Sales & Customer Growth (EUAAADAD)

Keywords

• Natural gas distribution
• Regulated utility services
• Residential energy delivery
• Energy efficiency rebates
• Commercial gas services

Headquarters

HQ city

Kennewick

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales, Supply Chain, Others

Revenue model

1. Natural Gas Distribution Services: Regulated natural gas distribution services providing gas delivery to residential and business customers in Washington and Oregon. The cost of natural gas is a pass-through to customers; Cascade does not earn a profit on the cost of natural gas. Revenue is generated through regulated rates approved by state utility commissions.

Pricing tiers

Distribution channels3 records

Marketing channels4 records

Core offering

Cascade Natural Gas Corporation distributes natural gas via a regulated pipeline network to residential, commercial, and industrial customers across Oregon and Washington, billing customers at rates approved by the Washington Utilities and Transportation Commission and Oregon Public Utility Commission. The company also delivers energy efficiency rebates, weatherization and conservation programs, voluntary renewable natural gas enrollment, low-income bill assistance, and online account management services layered on top of the core distribution service.

Product overview

Cascade Natural Gas Corporation is a regulated natural gas utility company that operates as a subsidiary of MDU Resources Group, Inc., serving customers in Oregon and Washington. The company offers a unified natural gas distribution service platform with multiple integrated programs and modules including residential and business services, energy efficiency programs (residential and commercial rebates, weatherization assistance, home energy reports, trade ally network), customer assistance programs (CARES, payment arrangements), and online account management tools. The portfolio is built around the core natural gas delivery service with add-on modules focused on conservation, rebates, and customer support.

Differentiator

Problem solved

Functional benefit

Products and services

• Natural Gas Distribution Service Regulated natural gas distribution and delivery to residential, commercial, and industrial customers across Oregon and Washington, billed under rates approved by the Washington Utilities and Transportation Commission and Oregon Public Utility Commission.
• Residential Services Natural gas service offerings for residential customers including household billing, payment options, usage management, and rate schedules set under WA UTC and OR PUC oversight.
• Business Services Natural gas service offerings for commercial and industrial customers on custom rate schedules (504, 505, 511, 570, 577), including installation services for businesses and developments.
• Voluntary Renewable Natural Gas Program Optional program enabling Cascade customers to support renewable natural gas production and reduce the carbon footprint of their gas consumption.
• Residential Rebate Offerings Rebate incentives for Washington residential customers installing high-efficiency natural gas equipment including furnaces, water heaters, insulation, and windows.
• Commercial Rebate Offerings Rebate incentives for Washington commercial and industrial customers on rate schedules 504, 505, 511, 570, and 577 for high-efficiency equipment installations.
• Weatherization Assistance Program Free home weatherization and energy efficiency improvements for income-qualified residential dwellings heated with natural gas, delivered through Community Action agency partnerships across Oregon and Washington.
• Home Energy Report Program Program providing selected residential customers with periodic reports comparing their energy consumption to prior periods and offering personalized tips to reduce energy use, delivered via email.
• CARES Program Cascade Arrearage Relief Energy Savings program providing bill assistance and arrearage forgiveness for eligible low-income residential customers.
• Property Portal Online portal for property owners and landlords to manage properties under their Continuous Service Agreement, check service status, and determine service responsibility between owner and tenant.
• New Installation Request Online portal for requesting new natural gas service installations for homes, businesses, and developments in Cascade's service territory.

Quantifiable outcome

• 16.17% decrease in annual revenues filed in Washington
• +1 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and minor.

• MDU Resources Group, Inc.coreOthersParent company of Cascade Natural Gas Corporation. MDU Resources is a member of the S&P SmallCap 600 index and provides essential products and services through regulated electric and natural gas distribution and pipeline segments. Founded in 1924, MDU Resources serves more than 1.2 million customers across eight states.
• Community Action Agencies (Oregon)coreStrategic or Co-development PartnerPartnership with Oregon Community Action agencies including Community Connections, NeighborImpact, KLCAS, CINA, CAPECO, and Community Action Program of East Central Oregon to deliver free home weatherization and energy efficiency improvements to income-qualified residential dwellings.
• Community Action Agencies (Washington)coreStrategic or Co-development PartnerPartnership with Washington Community Action agencies including Blue Mountain Action Council, Chelan-Douglas CAC, Coastal CAP, Community Action Connections, and others to deliver weatherization and energy assistance to income-qualified customers.
• Oregon Public Utility Commission (OR PUC)coreOthersState regulatory agency that regulates Cascade Natural Gas operations in Oregon, including rate approvals and customer protection rules.
• Washington Utilities and Transportation Commission (WUTC)coreOthersState regulatory agency that regulates Cascade Natural Gas operations in Washington, including rate filings and tariff approvals.
• Other Oregon Investor-Owned UtilitiesminorStrategic or Co-development PartnerCoalition of six investor-owned utilities (Avista, Idaho Power, NW Natural, PacifiCorp, Portland General Electric) working with OR PUC on expanded customer protections including payment arrangements, reconnection cost reductions, and disconnection pauses during severe weather.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• Atmos Energy Corporation: Atmos Energy is one of the largest pure-play natural gas distribution utilities in the U.S., serving customers across more than 1,400 communities. It is a relevant comparable for rate-base scale, regulated returns, and energy-efficiency program delivery.
• Avista Corporation: Avista is a Pacific Northwest regulated utility with both natural gas distribution and electric operations across Washington, Oregon, and Idaho. It shares the same OR PUC/WUTC regulatory landscape as Cascade and offers comparable residential and commercial gas distribution services.
• Spire Inc. Spire is a regulated natural gas distribution utility serving Missouri, Alabama, and Mississippi customers. Comparable in residential/commercial gas distribution, rate-regulated earnings, and energy-efficiency program offerings.
• Southwest Gas Holdings: Southwest Gas is a regulated natural gas distribution utility serving customers in Arizona, Nevada, and parts of California. It mirrors Cascade's pure-play LDC business model with regulated rate recovery and similar residential/commercial customer focus.
• Puget Sound Energy: Puget Sound Energy is a Washington-state regulated utility delivering natural gas and electricity to residential and business customers. It directly competes with Cascade in the Washington natural gas distribution footprint and operates under WUTC regulation.
• NW Natural: NW Natural is a regulated natural gas distribution utility headquartered in Portland, Oregon, serving residential, commercial, and industrial customers across Oregon and southwest Washington. It is the most direct geographic overlap to Cascade's territory and matches Cascade's LDC business model, regulated rate base, and customer mix.
• Intermountain Gas Company: Intermountain Gas is a regulated natural gas distribution utility serving residential and commercial customers in Idaho. It is directly comparable as a Pacific Northwest LDC and was named as a prior employer of Cascade's new VP (Hart Gilchrist), underscoring the tight peer ecosystem.

Broad incumbents

• CenterPoint Energy: CenterPoint Energy operates regulated natural gas distribution utilities in several Midwestern and Southern states alongside electric transmission. Comparable as a diversified regulated utility platform with LDC operations of similar scope.
• Montana-Dakota Utilities Co. Montana-Dakota Utilities is a regulated electric and natural gas distribution utility and a sibling subsidiary of Cascade under MDU Resources Group. It expands the comparable LDC footprint into MT, ND, SD, and WY with similar rate-base economics and regulatory dynamics.
• MDU Resources Group, Inc. MDU Resources is the publicly-traded parent of Cascade Natural Gas, an S&P SmallCap 600 member serving 1.2M+ customers with regulated electric and natural gas distribution and pipeline operations across eight states. It is the ultimate corporate comparable for Cascade's franchise position and earnings profile.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/cascadenatgas
• Facebookfacebook.com/cascadenaturalgas
• LinkedInlinkedin.com/company/cascade-natural-gas

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cascade Natural Gas Corp.