Washington electric and natural gas rate settlement reached    

Tags: Avista Utilities, Washington, Rates, Electricity, Natural Gas

Posted by Debbie Simock

Today we announced a settlement agreement in the electric and natural gas rate requests Avista filed with the Washington Utilities and Transportation Commission (WUTC) last March. As in the Idaho requests, filed at the same time, the rate changes were requested to recover the costs of buying and generating power and upgrading the equipment needed to deliver the safe, reliable energy our customers need.  Watch this video to learn more about the drivers of the rate filings and the rates process.

If the agreement is approved by the WUTC, a residential customer using an average of 1,000 kilowatt-hours of electricity a month would see an increase of $5.62 a month, or 7.8 percent, for a revised monthly bill of $77.41. A natural gas customer using an average of 69 therms a month would see a $2.17 increase, or 3.6 percent, for a revised monthly bill of $62.20. The new prices would take effect Dec. 1.

We know the rising cost of energy impacts families, especially those on limited incomes and seniors. That’s why the settlement agreement includes an increase in our Low Income Rate Assistance Program, or LIRAP, which provides energy assistance to qualifying customers. We’re also increasing funding for our energy efficiency programs for limited-income customers.

The next step in this rates request is a public hearing being held by the WUTC in Spokane on Oct. 6, at 5:30 p.m., in the Spokane City Council Chambers. This open meeting will provide customers with an opportunity to provide comments to the commissioners.

You may have questions about this proposed rate change in Washington or any other topic and we’d like to help answer them. You can post a comment on this blog or send us an email to conversation@avistautilities.com.
 
 
Posted by  System Account  on  8/25/2010
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