Avista Files Annual Rate Adjustments in Idaho
The rate adjustments are driven primarily by a lower level of customer usage in 2018 due in part to a warmer than normal winter. The FCA mechanisms do not apply to Avista’s Electric Extra Large General and Street Lighting Service Schedules, nor to its Natural Gas Interruptible and Transportation Service Schedules.
The Company has also filed a separate application with the Commission to extend the term of the FCA Mechanisms through
These annual filings are required and have no impact on the company’s earnings.
Customer Bills
Electric
If approved, residential electric customers in
The requested electric rate changes by rate schedule are:
Residential Service - Schedule 1 | 3.6% | |||
General Service - Schedules 11 & 12 | 0.9% | |||
Large General Service - Schedules 21 & 22 | 1.1% | |||
Extra Large General Service - Schedule 25 | 0.0% | |||
Extra Large General Service - Schedule 25P | 0.0% | |||
Pumping Service - Schedules 31 & 32 | 0.9% | |||
Street & Area Lights - Schedules 41-49 | 0.0% | |||
Overall | 2.0% | |||
Natural gas
If approved, residential natural gas customers in
The requested natural gas rate changes by rate schedule are:
General Service - Schedule 101 | 2.3% | |||
Large General Service - Schedules 111 & 112 | 1.1% | |||
Interruptible Service - Schedules 131 & 132 | 0.0% | |||
Transportation Service - Schedule 146 | 0.0% | |||
Overall | 2.0% | |||
Electric and Natural Gas Fixed Cost Adjustment
Avista’s electric and natural gas fixed cost adjustment (FCA) is a mechanism designed to break the link between a utility’s revenues and customers’ energy usage. Avista’s actual revenue, based on kilowatt hour or therm sales, will vary, up or down, from the level included in a general rate case and approved by the Commission. This could be caused by changes in weather, energy conservation or the economy. Generally, under the FCA Avista’s revenues are adjusted each month based on the number of customers. The difference between revenues based on sales and revenues based on the number of customers is surcharged or rebated to customers beginning in the following year.
Rate Application Procedure
Avista’s applications are proposals, subject to public review and a Commission decision. Copies of the applications are available for public review at the offices of both the Commission and
If you would like to submit comments on the proposed increase, you can do so by going to the Commission website or mailing comments to:
P.O. Box 83720
About
This news release contains forward-looking statements regarding the company’s 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’s 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’s Annual Report on Form 10-K for the year ended
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Source: Avista Corporation