secwatch.observer — SEC 8-K summary
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Issuer:     AVISTA CORP (AVA)
CIK:        0000104918
Form:       8-K
Filed at:   2023-06-16T23:59:59+00:00
Accession:  0000950170-23-028669
Event type: regulatory
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Avista settles Idaho rate cases; electric rev +$22.1M, gas +$1.3M, ROE 9.4%
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- Settlement with IPUC Staff, Clearwater Paper, Idaho Forest Group, Walmart; IPUC must approve.
- Electric revenue increase of $22.1M (8.0%) effective Sep 2023 and $4.3M (1.4%) in Sep 2024.
- Natural gas revenue increase of $1.3M (2.7%) effective Sep 2023 and $0.003M (0.01%) in Sep 2024.
- Settlement assumes 9.4% ROE, 50% equity ratio, and 7.19% rate of return on rate base.
- Original requests were $37.5M and $2.8M for electric/gas in 2023; settlement is lower.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/104918/000095017023028669/0000950170-23-028669-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/104918/000095017023028669/ava-20230614.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-028669

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