{"id":858747,"date":"2025-06-09T19:24:29","date_gmt":"2025-06-09T23:24:29","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/avista-reaches-all-party-all-issues-settlement-in-idaho-general-rate-cases\/"},"modified":"2025-06-09T19:24:29","modified_gmt":"2025-06-09T23:24:29","slug":"avista-reaches-all-party-all-issues-settlement-in-idaho-general-rate-cases","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/avista-reaches-all-party-all-issues-settlement-in-idaho-general-rate-cases\/","title":{"rendered":"Avista reaches all-party, all issues settlement in Idaho general rate cases"},"content":{"rendered":"

\nIf approved, new rates would take effect beginning Sept. 2025 and Sept. 2026
\n<\/h2>\n
\n

SPOKANE, Wash., June 09, 2025 (GLOBE NEWSWIRE) — Avista (NYSE: AVA)<\/strong>, the Staff of the Idaho Public Utilities Commission, Clearwater Paper Corporation, Idaho Forest Group, LLC and Walmart Inc., parties to the Company\u2019s electric and natural gas general rate cases, have reached a settlement agreement that has been submitted to the\u00a0Idaho Public Utilities Commission\u00a0for its consideration, and which would resolve all issues in the proceeding.<\/p>\n

If approved, the settlement agreement is designed to increase annual base electric revenues by\u00a0$19.5 million or 6.3%, effective\u00a0Sept. 1, 2025, and by $14.7 million or 4.5%, effective Sept. 1, 2026. For natural gas, the settlement agreement is designed to increase annual base natural gas revenues by\u00a0$4.6 million or 9.2%, effective\u00a0Sept. 1, 2025, and reduce base revenues by $0.2 million or 0.4%, effective Sept. 1, 2026.<\/p>\n

The settlement capital structure includes a 9.6% return on equity (ROE) with a common equity ratio of 50% and a rate of return (ROR) on rate base of 7.28%.<\/p>\n

\u201cThis settlement agreement will provide new rates in\u00a0Idaho\u00a0that are fair and reasonable for our customers, the Company, and our shareholders,\u201d said\u00a0Heather Rosentrater,\u00a0Avista\u00a0President and CEO. \u201cThis is a constructive outcome. Our customers will benefit from longer recovery periods for certain deferred costs, which mitigates the bill impact of improved recovery of our costs to serve our customers. This agreement provides us with the opportunity to earn a fair return in\u00a0Idaho while we invest in and maintain our infrastructure so we can continue to provide the reliable energy our customers expect.\u201d<\/p>\n

\n Residential Customer Bills<\/strong>
\n
If the settlement is approved, a residential electric customer using an average of 939 kilowatt hours per month would see a 6.7% billed increase of $6.95\u00a0per month for a revised monthly bill of\u00a0$111.25 effective\u00a0Sept. 1, 2025, and a 4.7% billed increase of\u00a0$5.22\u00a0per month for a revised monthly bill of\u00a0$116.47 effective\u00a0Sept. 1, 2026.<\/p>\n

A residential natural gas customer using an average of 66 therms per month would see a billed 6.8% increase of\u00a0$4.11\u00a0per month for a revised monthly bill of\u00a0$64.74 effective\u00a0Sept. 1, 2025, and no rate change effective Sept. 1, 2026.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n
\n 2025 & 2026 Electric Revenue Impact by Rate Schedule<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Rate Schedule <\/strong>\n <\/td>\n\n Description<\/strong>\n <\/td>\n\n 2025 Billing Change<\/strong>\n <\/td>\n\n 2026 Billing Change<\/strong>\n <\/td>\n<\/tr>\n
Residential Service<\/td>\nSchedule 1<\/td>\n6.7%<\/td>\n\u00a0<\/td>\n4.7%<\/td>\n\u00a0<\/td>\n<\/tr>\n
General Service<\/td>\nSchedules 11 & 12<\/td>\n6.7%<\/td>\n\u00a0<\/td>\n4.8%<\/td>\n\u00a0<\/td>\n<\/tr>\n
Large General Service<\/td>\nSchedules 21 & 22<\/td>\n8.0%<\/td>\n\u00a0<\/td>\n5.6%<\/td>\n\u00a0<\/td>\n<\/tr>\n
Extra Large General Service<\/td>\nSchedule 25<\/td>\n6.5%<\/td>\n\u00a0<\/td>\n4.6%<\/td>\n\u00a0<\/td>\n<\/tr>\n
Extra Large General Service 25P<\/td>\nSchedule 25P<\/td>\n1.6%<\/td>\n\u00a0<\/td>\n1.2%<\/td>\n\u00a0<\/td>\n<\/tr>\n
Pumping Service<\/td>\nSchedules 31 & 32<\/td>\n8.0%<\/td>\n\u00a0<\/td>\n5.6%<\/td>\n\u00a0<\/td>\n<\/tr>\n
Street & Area Lights<\/td>\nSchedules 41 – 49<\/td>\n4.6%<\/td>\n\u00a0<\/td>\n3.3%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Total<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 6.6<\/strong>
\n %<\/strong>\n <\/td>\n		\u00a0<\/td>\n\n 4.6<\/strong>
\n %<\/strong>\n <\/td>\n		\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n\n\n\n\n\n\n\n\n
\n 2025 & 2026 Natural Gas Revenue Impact by Rate Schedule<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Rate Schedule <\/strong>\n <\/td>\n\n Description<\/strong>\n <\/td>\n\n 2025 Billing Change<\/strong>\n <\/td>\n\n 2026 Billing Change<\/strong>\n <\/td>\n<\/tr>\n
General Service<\/td>\nSchedule 101<\/td>\n6.7%<\/td>\n\u00a0<\/td>\n0.0%<\/td>\n\u00a0<\/td>\n<\/tr>\n
Large General Service<\/td>\nSchedules 111 & 112<\/td>\n0.0%<\/td>\n\u00a0<\/td>\n– 1.1%<\/td>\n\u00a0<\/td>\n<\/tr>\n
Interruptible Service<\/td>\nSchedules 131 & 132<\/td>\n0.0%<\/td>\n\u00a0<\/td>\n0.0%<\/td>\n\u00a0<\/td>\n<\/tr>\n
Transportation Service<\/td>\nSchedule 146<\/td>\n0.0%<\/td>\n\u00a0<\/td>\n– 2.6%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Total<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 5.4<\/strong>
\n %<\/strong>\n <\/td>\n		\u00a0<\/td>\n\n – 0.2%<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

The actual percentage rate change will vary by customer rate schedule and will depend on how much energy a customer uses.<\/p>\n

Avista serves more than 145,000 electric and 93,000 natural gas customers in Idaho.<\/p>\n

\n Avista\u2019s Original Request<\/strong>
\n
Avista\u2019s original request was designed to increase annual base revenues by\u00a0$43.0 million\u00a0(or 14.4% on a billed basis) effective on\u00a0Sept. 1, 2025, and\u00a0$17.7 million\u00a0(or 5.2% on a billed basis) effective on\u00a0Sept. 1, 2026. For natural gas, the rate request was designed to increase annual revenues by\u00a0$8.8 million\u00a0(or 10.3% on a billed basis) effective on\u00a0Sept. 1, 2025, and\u00a0$1.0 million\u00a0(or 1.0% on a billed basis) effective on\u00a0Sept. 1, 2026.<\/p>\n

The electric and natural gas requests were based on a proposed rate of return (ROR) on rate base of 7.68% with a common equity ratio of 50% and a 10.4% return on equity (ROE).<\/p>\n

\n Customer Resources<\/strong>
\n
To assist customers in managing their energy bills, Avista offers services for customers such as comfort level billing, payment arrangements and Customer Assistance Referral and Evaluation Services (CARES), which provide assistance to medically vulnerable customers through referrals to area agencies and churches for help with housing, utilities, medical assistance and other needs.\u00a0Avista\u00a0provides energy efficiency and outreach programs that include rebates and incentives as well as tips and resources to help customers manage their energy use and energy bills. Customers can learn more at\u00a0www.myavista.com<\/a>.<\/p>\n

\n About Avista Corp.<\/strong>\n <\/p>\n

Avista Corp.\u00a0is an energy company involved in the production, transmission and distribution of energy as well as other energy-related businesses.\u00a0Avista Utilities<\/a>\u00a0is our operating division that provides electric service to 422,000 customers and natural gas to 383,000 customers. Our service territory covers 30,000 square miles in eastern\u00a0Washington, northern\u00a0Idaho\u00a0and parts of southern and eastern\u00a0Oregon, with a population of 1.7 million. AERC is an Avista subsidiary that, through its subsidiary AEL&P, provides retail electric service to 18,000 customers in the city and borough of\u00a0Juneau, Alaska. Our stock is traded under the ticker symbol \u201cAVA\u201d. For more information about Avista, please visit\u00a0www.avistacorp.com<\/a>.<\/p>\n

This news release contains forward-looking statements regarding the company\u2019s current expectations. Forward-looking statements are all statements other than historical facts. Such statements speak only as of the date of the news release and are subject to a variety of risks and uncertainties, many of which are beyond the company\u2019s control, which could cause actual results to differ materially from the expectations. These risks and uncertainties include, in addition to those discussed herein, all of the factors discussed in the company\u2019s Annual Report on Form 10-K for the year ended\u00a0Dec. 31, 2024\u00a0and the Quarterly Report on Form 10-Q for the quarter ended\u00a0March 31, 2025.<\/p>\n

SOURCE: Avista Corporation <\/p>\n

\n -2516-<\/strong>\n <\/p>\n

\n Contact:<\/strong>
\n
Media:\u00a0Lena Funston\u00a0(509) 495-8090,\u00a0lena.funston@avistacorp.com<\/a>
Investors:\u00a0Stacey Walters\u00a0(509) 495-2046,\u00a0stacey.walters@avistacorp.com<\/a>
Avista\u00a024\/7 Media Access (509) 495-4174<\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

If approved, new rates would take effect beginning Sept. 2025 and Sept. 2026 SPOKANE, Wash., June 09, 2025 (GLOBE NEWSWIRE) — Avista (NYSE: AVA), the Staff of the Idaho Public Utilities Commission, Clearwater Paper Corporation, Idaho Forest Group, LLC and Walmart Inc., parties to the Company\u2019s electric and natural gas general rate cases, have reached a settlement agreement that has been submitted to the\u00a0Idaho Public Utilities Commission\u00a0for its consideration, and which would resolve all issues in the proceeding. If approved, the settlement agreement is designed to increase annual base electric revenues by\u00a0$19.5 million or 6.3%, effective\u00a0Sept. 1, 2025, and by $14.7 million or 4.5%, effective Sept. 1, 2026. For natural gas, the settlement agreement is designed to increase annual base … <\/p>\n

Continue reading “Avista reaches all-party, all issues settlement in Idaho general rate cases”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-858747","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAvista reaches all-party, all issues settlement in Idaho general rate cases - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/avista-reaches-all-party-all-issues-settlement-in-idaho-general-rate-cases\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Avista reaches all-party, all issues settlement in Idaho general rate cases - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"If approved, new rates would take effect beginning Sept. 2025 and Sept. 2026 SPOKANE, Wash., June 09, 2025 (GLOBE NEWSWIRE) — Avista (NYSE: AVA), the Staff of the Idaho Public Utilities Commission, Clearwater Paper Corporation, Idaho Forest Group, LLC and Walmart Inc., parties to the Company\u2019s electric and natural gas general rate cases, have reached a settlement agreement that has been submitted to the\u00a0Idaho Public Utilities Commission\u00a0for its consideration, and which would resolve all issues in the proceeding. 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If approved, the settlement agreement is designed to increase annual base electric revenues by\u00a0$19.5 million or 6.3%, effective\u00a0Sept. 1, 2025, and by $14.7 million or 4.5%, effective Sept. 1, 2026. For natural gas, the settlement agreement is designed to increase annual base … Continue reading \"Avista reaches all-party, all issues settlement in Idaho general rate cases\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/avista-reaches-all-party-all-issues-settlement-in-idaho-general-rate-cases\/","og_site_name":"Market Newsdesk","article_published_time":"2025-06-09T23:24:29+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ2NTkxMiM2OTgzMDI3IzIwMTAzNDc=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/avista-reaches-all-party-all-issues-settlement-in-idaho-general-rate-cases\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/avista-reaches-all-party-all-issues-settlement-in-idaho-general-rate-cases\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Avista reaches all-party, all issues settlement in Idaho general rate cases","datePublished":"2025-06-09T23:24:29+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/avista-reaches-all-party-all-issues-settlement-in-idaho-general-rate-cases\/"},"wordCount":890,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/avista-reaches-all-party-all-issues-settlement-in-idaho-general-rate-cases\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ2NTkxMiM2OTgzMDI3IzIwMTAzNDc=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/avista-reaches-all-party-all-issues-settlement-in-idaho-general-rate-cases\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/avista-reaches-all-party-all-issues-settlement-in-idaho-general-rate-cases\/","name":"Avista reaches all-party, all issues settlement in Idaho general rate cases - 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