regulatory
confidence high
sentiment neutral
materiality 0.40
Avista faces reconsideration petition from Public Counsel over rate case settlement approval
AVISTA CORP
- WUTC approved multi-party settlement on Dec 12, 2022, setting electric and gas rates.
- Public Counsel filed Petition for Reconsideration on Dec 22, objecting to 'results-focused' approach.
- Public Counsel claims the order denied its right to offer evidence opposing specific settlement components.
- Avista believes WUTC provided opportunity to contest settlement and that rates are fair, just, and reasonable.
- Settlement resolved rate cases originally filed Jan 2022; Public Counsel did not join the settlement.