Avista reaches settlement in Idaho electric rate request
If approved, the settlement agreement is designed to increase annual electric revenues by
In addition to the agreed-upon increase in electric revenues to recover costs primarily driven by Avista's increased capital investments in infrastructure to serve customers, the settlement includes the continued recovery of approximately
"This settlement agreement will provide new electric rates in
Residential Customer Electric Bill
If the settlement is approved, a residential customer using an average of 918 kilowatt hours per month could expect to see a bill increase of
If approved, the electric increase by service schedule for 2017 is as follows:
Rate Schedule | 2017 Billing Increase | |
Residential Service - Schedule 1 | 3.1% | |
General Service - Schedules 11 & 12 | 1.8% | |
Large General Service - Schedules 21 & 22 | 2.3% | |
Extra Large General Service - Schedule 25 | 1.9% | |
Extra Large General Service - Schedule 25P | 1.8% | |
Pumping Service - Schedules 31 & 32 | 3.0% | |
Street & Area Lights - Schedules 41 - 49 | 3.3% | |
Total | 2.5% |
Avista serves more than 128,200 electric customers in
Customer Resources
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 customers through referrals to area organizations for help with housing, utilities, medical assistance and other needs. Avista also provides support to customer assistance funds such as Project Share.
Avista provides energy efficiency and outreach programs that include rebates and incentives as well as tips and resources to help customers manage their energy use. To learn more, visit www.avistautilities.com.
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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