Avista requests recovery of costs for providing service in Oregon
AVAAvista(AVA) GlobeNewswire News Room·2024-11-02 04:05

SPOKANE, Wash., Nov. 01, 2024 (GLOBE NEWSWIRE) -- Today, Avista (NYSE: AVA) filed a request with the Public Utility Commission of Oregon (PUC) to increase natural gas base rates effective September 1, 2025. The proposal is designed to increase overall natural gas base revenue by approximately $7.8 million, or 6.6% on a billed basis, and is based on a proposed rate of return of 7.67% with a common equity ratio of 50% and a 10.4% return on equity. “Our customers remain our primary focus as we make decisions a ...