regulatory
confidence high
sentiment positive
materiality 0.70
Avista receives Washington UTC order approving electric and gas rate increases totaling $50M over two years
AVISTA CORP
- Electric base revenues up $38.0M (6.9%) effective Dec 2022 plus $12.5M (2.1%) in Dec 2023.
- Natural gas base revenues up $7.5M (6.5%) effective Dec 2022 plus $1.5M (1.2%) in Dec 2023.
- Rate increases partially offset by residual tax credits: $27.6M electric, $12.5M gas over two years from Dec 2022.
- Commission approved 7.03% rate of return on rate base; no explicit ROE or capital structure in settlement.