Lower wholesale natural gas prices mean lower rates, request to end gas rebates & incentives in Wash., Idaho   

Tags: Avista Utilities, Energy Efficiency, Idaho, Washington, Natural Gas

 
Natural gas rates were lowered 6.4% in Wash., 6% in Idaho in March

Natural Gas Flame

Wholesale natural gas prices have been declining in recent years, which is very good news for customers who use natural gas in their homes and businesses. If you’re a Washington or Idaho customer, you may recall that natural gas rates decreased on March 1 by an overall 6.4 percent and 6.0 percent respectively.  We also requested on June 1 to decrease rates again for our Washington natural gas customers as part of the annual true-up of energy efficiency program costs.

But lower wholesale natural gas costs have added challenges to offering energy efficiency rebates and incentives to our customers in Washington and Idaho, making the programs no longer cost effective. It costs more to provide natural gas energy efficiency rebates and incentives than it costs for the natural gas that customers use.

That’s why Avista has requested to suspend the natural gas programs in Washington and Idaho effective September 1. If the utility commissions in the two states approve the requests, customers would still have time to get their rebate and incentive forms to Avista.

Find out more in today’s news release on the requests.
 
Posted by  System Account  on  7/2/2012
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