Avista requests modest electric base rate change in Idaho
“We’re making significant investments in our infrastructure and systems every year to maintain, upgrade and ensure the safety, reliability and resiliency of the equipment and facilities that serve our customers every day,”
“Additionally, Avista’s rates are cost-based, where the costs related to wood pole replacements, generator upgrades and other equipment that is included in customer rates reflects the cost of the equipment when it was installed, decades ago. The costs for this equipment are many times more expensive today, and this is a driver of our rate requests. These requests not only help to more closely align customer rates with Avista’s costs of providing service, they also support the opportunity to earn a fair return for our shareholders.
“While we make these investments for the benefit of our customers, we recognize that rate increases can be a hardship. As we make decisions about how and where to invest across the company, our customers are our primary focus. We take our responsibility to provide safe, reliable energy at an affordable price very seriously, and we work hard to manage our costs and identify ways to best serve our customers that contribute to keeping energy prices low,” Vermillion said.
Avista’s infrastructure investment plans address the need to replace infrastructure that has reached the end of its useful life, to connect new customers to our system, as well as respond to the need for reliability and technology investments required to build the integrated energy services grid that will take us into the future.
Among the projects in today’s filing are:
- The upgrade of generating units and other equipment that is over a century old at Avista’s
Little Falls Dam, which will provide more generating capacity to serve customers with clean, reliable energy.
- Our distribution grid modernization program that continuously rebuilds and upgrades every electric distribution feeder in the system, replacing old equipment like poles, conductor, and transformers to improve service reliability, capture energy efficiency savings and improve operational ability.
- Ongoing management, inspection and replacement of 240,000 electric distribution wood poles across the system through Avista’s wood pole management program, ensuring distribution wood poles and the equipment on them support the company’s ability to provide customers with safe and reliable power.
- The rebuilding of substations that have reached the end of their useful life or have reached full capacity.
- Technology upgrades that support necessary business processes and operational efficiencies that allow
Avistato effectively manage the utility and serve customers.
Residential Customer Bills
A residential electric customer’s bill today is 0.4 percent lower, on average, than an equivalent bill in January of 2016. Overall,
If approved, residential electric customers in
Changes by Service Schedule
The requested electric increase by service schedule is as follows:
|Rate Schedule||Proposed 2020 Billing Increase|
|Residential Schedule 1||3.5 percent|
|General Service - Schedules 11/12||0.0 percent|
|Large General Service - Schedules 21/22||1.5 percent|
|Extra Large General Service - Schedule 25||1.6 percent|
|Extra Large General Service - Schedule 25P||1.6 percent|
|Pumping Service - Schedules 31/32||1.5 percent|
|Street & Area Lights - Schedules 41 – 49||0.0 percent|
The actual percentage increase for individual electric customers would depend on how much energy a customer uses.
Additional information about Avista’s rate request and energy prices is available at www.myavista.com/idraterequests.
To assist customers in managing their energy bills,
Rate Application Procedure and Additional Information
Avista’s application is a proposal, subject to public review and a Commission decision. A copy of the application is available for public review at the offices of both the Commission and
The Commission will begin a comprehensive review of Avista’s application and will seek public input. 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
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
Source: Avista Corporation