Avista files natural gas price adjustment case in Idaho – Dailyfly.com Lewis-Clark Valley Community

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SPOKANE- Avista has filed a Purchased Gas Cost Adjustment (PGA) case with the Idaho Public Utilities Commission (IPUC or Commission) which, if approved, is designed to increase overall natural gas revenues approximately $3.3 million or 8.1% effective February 1, 2022. This filing has no revenue impact for Avista.

The PGA is filed annually to balance the actual cost of wholesale natural gas purchased by Avista to serve customers with the amount currently included in customer rates. PGAs ensure that customers pay what Avista pays for natural gas, only at a more predictable and stable rate throughout the year. Avista filed its annual PGA filing earlier this year and new rates came into effect on September 1, 2021.

Since then, the wholesale price of natural gas has continued to rise. Because of this increase in wholesale natural gas prices, Avista is proposing a rate adjustment that more closely aligns the true cost of what Avista currently pays for wholesale natural gas with the cost of natural gas included in customer rates. .

Approximately 40% of an Avista natural gas customer’s bill is the combined cost of buying natural gas from the wholesale market and delivering it to Avista’s system. These costs fluctuate up and down based on market prices, which Avista cannot control. It is important to note that Avista does not make a profit or markup the wholesale price of natural gas; what Avista pays for is what is passed on to customers, dollar for dollar.

Natural gas customer bills

If approved, residential natural gas customers in Idaho using a monthly average of 63 therms would see their bills increase by $3.93 or approximately 7.6%, from $51.93 to 55, $86 per month starting February 1, 2022.

Customer Resources

To help customers manage their energy bills, Avista offers services for customers such as comfort level billing, payment terms, and Customer Care Assessment and Assistance Services (CARES) , which help clients with special needs by referring them to regional agencies and churches for help with housing, utilities, medical assistance and other needs. Avista also funds energy assistance programs and Project Share, which are administered by community action organizations.

Avista offers energy efficiency and awareness programs that include rebates and incentives as well as tips and resources to help customers manage their energy use and energy bills.

Rate request procedure

Avista’s applications are proposals subject to public review and decision by the Commission. Due to the COVID-19 pandemic, they are unable to provide office copies as we usually do. However, a copy of the application is available for public review on the Commission’s website (www.puc.idaho.gov). Clients may file written comments with the Board regarding the Company’s filing.

About Avista Corp.

Avista Corp. is an energy company involved in the generation, transmission and distribution of energy as well as other energy-related activities. Avista Utilities is the operating division that provides electric service to 400,000 customers and natural gas to 367,000 customers. Its service territory covers 30,000 square miles in eastern Washington, northern Idaho and parts of southern and eastern Oregon, with a population of 1.6 million. Alaska Energy and Resources Company is a subsidiary of Avista that provides retail electric service in the city and borough of Juneau, Alaska through its subsidiary Alaska Electric Light and Power Company. Avista shares are traded under the symbol “AVA”.

If you wish to submit comments on the proposed tariff change, you may do so by visiting the Board’s website or by mailing your comments to:

Idaho Public Utilities Commission

Box 83720

Boise, ID 83720-0074

1026

Eleanor C. William