Washington electric and gas rates impacted by recent filings   

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

If approved, electric rates would go down, gas would slightly go up

Last month we shared with you about the annual tariff filings we made in Idaho and Oregon.Today we made similar filings in Washington that could decrease electric rates by 2.64 percent and increase natural gas prices by an overall 0.96 percent. If our requests are approved by the Washington Utilities and Transportation (UTC), new rates would become effective Nov. 1.  Read the news release to learn more.

You may wonder why we’re asking to decrease electric prices in Washington when we have a request before the utility commission to increase rates. Simply put, the requests impact your bill in different ways.

Today’s request is asking the WUTC for approval to pass through to customers $9.2 million Avista is expected to receive through a Bonneville Power Administration program. If approved, you’ll receive those benefits in the form of a monthly credit on your electric bill. This is a pass-through that has no impact on company earnings.

The request we made in May to increase electric and natural gas rates is seeking to recover  significant investments Avista has made in generating and delivering energy to our customers. It’s called a general rate case, and the WUTC has up to 11 months to review and issue a decision on the request.

Rates are complicated and can be confusing. So, post a question below and we’ll get back to you with an answer about rates or on anything else you’d like to know about.
Posted by  System Account  on  9/15/2011
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