Avista files annual price adjustment

COEUR d’ALENE — Avista has made two annual rate adjustment filings with the Idaho Public Utilities Commission that could result in a modest electric decrease effective Oct. 1.

These annual filings are separate from the general rate case request filed in June regarding base retail rates in Idaho and have no impact on the company’s earnings, a press release stated.

The first adjustment is the Avista’s annual Power Cost Adjustment, or PCA.

The PCA is an annual rate adjustment made to reflect the differences between Avista’s actual cost of generating and purchasing electric power to serve customers and the cost currently included in customer rates.

“It is a true-up to reflect the actual cost of power to serve customers,” said Debbie Simock, a spokeswoman for Avista.

For the rest of the story, see the print edition of the Bonner County Daily Bee or subscribe to our e-edition.