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Stock impact report

Avista Makes Price Adjustment Request in Washington

Avista Corporation (AVA) 
Last avista corporation earnings: 2/26 07:05 am Check Earnings Report
Company Research Source: GlobeNewswire
SPOKANE, Wash., March 31, 2025 (GLOBE NEWSWIRE) -- Avista (NYSE: AVA) has made a filing with the Washington Utilities and Transportation Commission (Commission or WUTC) that, if approved, will result in an increase of $15.3 million, or 2.1 percent, in electric rates in Washington, effective July 1, 2025. The request reflects a rate adjustment to recover from customers certain deferred power supply costs tracked in the Company’s Energy Recovery Mechanism (ERM). The ERM is a mechanism that tracks the difference between actual power supply-related costs experienced by Avista to the authorized level approved by the Commission. Under the mechanics of the Commission-approved ERM, if Avista has a cumulative deferral balance of $30 million or higher, Avista is required to either surcharge, or rebate, that deferred balance to customers. In 2024, the primary driver of increased power supply costs experienced by the Company was reduced hydroelectric generation due to lowe Show less Read more
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