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Stock impact report

Avista Makes Annual Price Adjustment Requests in Washington

Avista Corporation (AVA) 
Last avista corporation earnings: 2/26 07:05 am Check Earnings Report
Company Research Source: GlobeNewswire
SPOKANE, Wash., Aug. 30, 2024 (GLOBE NEWSWIRE) -- Avista (NYSE: AVA) has made annual rate adjustment filings with the Washington Utilities and Transportation Commission (Commission) that if approved, will result in an overall decrease in natural gas rates of 13.9%, and an overall increase in electric rates of 3.5%. Washington Natural Gas Adjustment FilingsFour natural gas adjustments were filed, that if approved, are designed to change overall natural gas revenues as follows: Purchased Gas Cost Adjustment: decrease of $74.5 million or 24.6%Climate Commitment Act: increase of $25.2 million or 8.3%Low Income Rate Assistance Program: increase of $6.8 million or 2.3%Insurance Expense Balancing: increase of $0.2 million or 0.1% Washington Electric Adjustment FilingsFive electric adjustments were filed, that if approved, are designed to change overall electric revenues as follows: Wildfire Expense Balancing: increase of $1.4 million or 0.2%Residential Exchange Program: decreas Show less Read more
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