Avista makes annual price adjustment filings in Idaho
Avista has made annual rate adjustment filings with the Idaho Public Utilities Commission that are designed to increase overall electric revenues by about $1 million effective Oct. 1 and increase overall natural gas revenue by about $325,000 effective Nov. 1.
“These annual filings have no impact on Avista’s earnings,” according to a press release.
Four annual electric adjustments were filed that, if approved, are designed to change overall electric revenues effective Oct. 1 as follows:
• Power Cost Adjustment: an increase of about $7.2 million or 2.8%
• Fixed Cost Adjustment: a decrease of about $0.7 million or 0.3%
• Electric Energy Efficiency: a decrease of about $5.6 million or 2.2%
• Bonneville Power Administration Residential Exchange Program: an increase of about $0.1 million or 0.1%
The natural gas adjustment request is the annual natural gas FCA. If approved, Avista’s request is designed to increase overall natural gas revenues by about $325,000 effective Nov. 1, 2021.
If the electric PCA, FCA, energy efficiency and BPA filings are approved, residential electric customers in Idaho using an average of 892 kilowatt-hours per month would see their monthly bills decrease from $85.63 to $84.09, a decrease of $1.54 per month, the release said.
If the natural gas FCA filing is approved, residential natural gas customers in Idaho using an average of 63 therms per month would see their monthly bills increase from $49.49 to $49.67, an increase of $0.18 per month, or approximately 0.4%.
Avista’s applications are proposals, subject to public review and a Commission decision.
To submit comments on the proposed rate change, go to www.puc.idaho.gov or mail comments to Idaho Public Utilities Commission, P.O. Box 83720, Boise, ID 83720-0074.