Avista’s Clean Energy Implementation Plan approved by WUTC
Avista’s CEIP is a road map of specific actions to be taken over the next four years (2022-2025) to show the progress being made toward clean energy goals established by the Clean Energy Transformation Act (CETA), which was passed by the
“This plan builds upon our longstanding commitment to environmental stewardship and sustainability,” said
In 2019, Avista announced its goal to serve its customers with 100 percent clean electricity by 2045 and to have a carbon-neutral supply of electricity by the end of 2027. More than half of Avista’s current generating potential is clean hydropower, biomass, wind and solar.
The full CEIP is available to view on our website at www.myavista.com/CETA or on the UTC website at www.utc.wa.gov. The CEIP must show customers are benefiting from the transition to clean energy through:
- The equitable distribution of energy and non-energy benefits and reduction of burdens to named communities (i.e. communities who are either socially or economically disadvantaged or sensitive to health effects)
- Long-term and short-term public health and environmental benefits
- Energy security and resiliency
Some highlights of Avista’s approved CEIP include:
- Beginning in 2022, Avista plans to serve 40 percent of its
Washingtoncustomer demand with renewable energy, then increase this target to 62.5 percent by the end of 2025.
- The plan sets energy efficiency targets to reduce customer load by approximately 2% over the next four years by savings 204,305 megawatt hours through incentives and programs to lower energy use without impacting the customer.
- The plan includes a set of Customer Benefit Indicators (CBIs) to ensure the equitable distribution of energy and non-energy benefits and reduction of burden to all customers and named communities. The CBIs were developed in coordination with Avista’s
Equity Advisory Group, existing advisory groups, interested stakeholders and customers.
- There are a total of 14 CBIs and 30 metrics to track equitable distribution of benefits.
Named Communities Investment Fundwas approved and will invest up to $5 millionannually in projects, programs, and initiatives that directly benefit customers residing in historically disadvantaged and vulnerable communities.
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