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Avista Makes Annual Price Adjustment Filings in Idaho
GlobeNewswire News Room· 2024-08-01 04:05
SPOKANE, Wash., July 31, 2024 (GLOBE NEWSWIRE) -- Avista (NYSE: AVA) has made annual rate adjustment filings with the Idaho Public Utilities Commission (IPUC or Commission) that, if approved, are designed to decrease overall electric revenues by approximately $16.6 million or 5.4% effective Oct. 1, 2024 and decrease overall natural gas revenue by approximately $29.8 million or 25.8% effective Nov. 1, 2024. These annual filings have no impact on Avista’s earnings. Electric Adjustment FilingsTwo annual electr ...
Avista Foundation awards 40 grants supporting education and youth development
Newsfilter· 2024-07-24 02:54
SPOKANE, Wash., July 23, 2024 (GLOBE NEWSWIRE) -- The Avista Foundation is awarding $201,750 in grants to 40 nonprofit organizations in Washington, Idaho, and Oregon to support education and youth development. "Together with our partners, we are making a difference in the lives of young people. Avista is proud to support the vital programs and organizations that nurture, educate, and uplift our youth," said Dennis Vermillion, Avista CEO. The second-quarter grants support a diverse range of organizations and ...
Avista Corp. Second Quarter 2024 Earnings Conference Call and Webcast Announced
GlobeNewswire News Room· 2024-07-09 04:05
SPOKANE, Wash., July 08, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss second quarter 2024 results on Wednesday, August 7, 2024, at 10:30 a.m. Eastern Daylight Time. A news release with second quarter 2024 earnings information will be issued at 7:05 a.m. Eastern Daylight Time on August 7, 2024. This call can be accessed on Avista’s website at investor.avistacorp.com. You must pre-register for the call via the Presentations and Events link at ...
Avista Corp. Second Quarter 2024 Earnings Conference Call and Webcast Announced
Newsfilter· 2024-07-09 04:05
SPOKANE, Wash., July 08, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss second quarter 2024 results on Wednesday, August 7, 2024, at 10:30 a.m. Eastern Daylight Time. A news release with second quarter 2024 earnings information will be issued at 7:05 a.m. Eastern Daylight Time on August 7, 2024. This call can be accessed on Avista’s website at investor.avistacorp.com. You must pre-register for the call via the Presentations and Events link at ...
Exceleron and PayGo Announce Merger
Prnewswire· 2024-05-21 23:05
Combination improves affordability, engagement, choice, and revenue assurance for electric, water, and gas utilities in North America, Asia Pacific, and Latin American Markets. DALLAS, May 21, 2024 /PRNewswire/ -- Exceleron Software and PayGo Utilities today announced they have merged their business operations and formed Empower Grid Holdings ("EGH") with financial backing from Moore Strategic Ventures, Bahman Hoveida's Accurant International LLC, and Avista Development, Inc., a wholly owned, non-regulated ...
Avista Foundation Announces First Quarter Grants
Newsfilter· 2024-05-09 01:25
SPOKANE, Wash., May 08, 2024 (GLOBE NEWSWIRE) -- In its first quarter, the Avista Foundation awarded just over $184,000 to 37 non-profit organizations in Washington, Idaho, Oregon, and Alaska. The grants in this first cycle are intended to directly benefit health and human service providers. In 2023, the Avista Foundation donated more than $1.8 million to help support the community and people in need. That support continues in 2024. "Supporting organizations that benefit from funds that support health and h ...
Avista prepares for wildfire season
Newsfilter· 2024-05-08 02:15
SPOKANE, Wash., May 07, 2024 (GLOBE NEWSWIRE) -- Avista is adding a new strategy to its wildfire mitigation plan. The utility announced today at a press conference with regional partners that if extreme weather conditions are forecast, like low humidity and strong winds, Avista may turn off power in specific locations to help protect public safety. This is called a Public Safety Power Shutoff, or PSPS. "Based on learning from other utilities who have implemented PSPS, it would only be used in the most extre ...
Avista(AVA) - 2024 Q1 - Earnings Call Transcript
2024-05-02 01:42
财务数据和关键指标变化 - 公司2024年第一季度合并收益为每股0.91美元,相比2023年同期的0.73美元有所增长 [1] - 公司2024年资本支出为1.17亿美元,主要用于支持客户增长和维护系统以提供安全可靠的能源 [2] - 公司预计2024年资本支出为5亿美元,其中Avista Utilities为4.79亿美元,AEL&P为2100万美元,其他业务为1100万美元 [2] - 公司预计2024年每股收益在2.36美元至2.56美元之间,Avista Utilities贡献在2.23美元至2.39美元之间 [2] 各条业务线数据和关键指标变化 - 公司的Avista Utilities业务2024年第一季度收益有所增长,主要得益于一般费率案的影响 [2] - 公司的AEL&P业务2024年第一季度业绩符合预期 [2] 各个市场数据和关键指标变化 - 公司在华盛顿州遭遇ERM(能源风险管理)负面影响,导致2024年第一季度税前亏损600万美元,2023年同期为760万美元 [2] - 公司预计2024年ERM的全年影响将为每股负0.07美元 [2] 公司战略和发展方向及行业竞争 - 公司正在进行Post Falls水坝的现代化改造项目,预计5年内投资2.25亿美元,并获得能源部500万美元的补助 [1] - 公司正在执行其监管策略,包括在华盛顿州提出一般费率案以调整电力供应成本的分摊方式,并计划在2024年下半年和2025年第一季度分别在俄勒冈州和爱达荷州提出一般费率案 [1][2] - 公司正在加强野火预防工作,2024年计划投资5500万美元,包括资本支出和运营支出,并正在与联邦和州政府合作寻求支持 [2] - 公司正在关注区域电力供给充足性问题,并将在其2023年综合资源规划的基础上进一步评估未来的发电需求 [2] 管理层对经营环境和未来前景的评论 - 公司CEO表示,公司已经历过行业的重大变革,并准备应对当前和未来的挑战 [1] - 公司预计2024年将实现其全年收益目标,并有望从2025年开始实现4%-6%的长期收益增长 [2]
Avista Corp. Reports Financial Results for the First Quarter of 2024, Confirms 2024 Earnings Guidance
Newsfilter· 2024-05-01 19:05
First quarter consolidated earnings per diluted share of $0.91, in line with expectations Confirms consolidated earnings guidance of $2.36 to $2.56 per diluted share SPOKANE, Wash., May 01, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE:AVA) today announced financial results for the first quarter of 2024. Net income and earnings per diluted share for the first quarter of 2024 compared to the first quarter of 2023 are presented in the table below (dollars in thousands, except per- share data): 2024 2023 Net Inc ...
Avista(AVA) - 2024 Q1 - Quarterly Results
2024-05-01 06:56
Exhibit 99.1 Contact: Media: Lena Funston (509) 495-8090 lena.funston@avistacorp.com Investors: Stacey Wenz (509) 495-2046 stacey.wenz@avistacorp.com Avista 24/7 Media Access (509) 495-4174 Avista Corp. Reports Financial Results for the First Quarter of 2024, Confirms 2024 Earnings Guidance • First quarter consolidated earnings per diluted share of $0.91, in line with expectations • Confirms consolidated earnings guidance of $2.36 to $2.56 per diluted share SPOKANE, Wash. – May 1, 2024, 4:05 a.m. PDT: Avist ...