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Avista Makes Annual Price Adjustment Requests in Washington

globenewswire.com

Avista Makes Annual Price Adjustment Requests in Washington SPOKANE, Wash., Aug. 31, 2026 (GLOBE NEWSWIRE) -- Avista (NYSE: AVA) – Avista’s Washington natural gas customers would see lower monthly bills this winter under annual rate adjustment requests the company filed today with the Washington Utilities and Transportation Commission (WUTC). These filings seek to true-up the level of costs in customer rates with the actual level incurred by the Company.

If approved, the requests would decrease natural gas rates by approximately 11.5%, while electric rates would remain nearly unchanged. The largest natural gas adjustment is related to Washington’s Climate Commitment Act and would reduce rates by approximately 11%. Additionally, the filing includes a reduction related to the cost of supply and transportation of natural gas. The electric adjustments are small and largely offset one another. Together, they would reduce electric rates by approximately 0.01%, resulting in little to no noticeable change in customer bills.

“We know many families and businesses are paying close attention to every expense right now,” said Heather Rosentrater, president and CEO of Avista. “These annual adjustments are separate from our pending general rate case and reflect specific costs that are reviewed every year in Washington. For natural gas customers, this year’s filing would result in lower bills heading into the winter heating season.”

Effect on customer bills

Natural gas customers—If approved by the WUTC, most residential natural gas customers in Washington using an average of 61 therms per month would see their monthly bills decrease by approximately $7.38, from $96.18 to $88.80 - a decrease of approximately 7.7%.

The large decreases for non-Schedule 101 customers is due to differing impacts of the Purchase Gas Adjustment (PGA) on the various rate schedules, especially for transportation service schedule 146 customers who procure their own wholesale natural gas and interstate transportation service and are not subject to the PGA. In addition, because the Climate Commitment Act (CCA) charges make up a smaller portion of a residential customers bills, the decrease from the CCA results in a larger impact for non-residential customers.

Electric customers—If approved by the WUTC, residential electric customers in Washington using an average of 925 kilowatt-hours per month would see their monthly bills decrease by approximately $0.05, from $125.69 to $125.64 - a decrease of approximately 0.04%.

Actual bill impacts vary based on rate schedule and energy usage.

Additional filing information

For customers, businesses and others interested in additional detail, the following tables summarize the proposed adjustments included in the filings.

Natural gas adjustments

Electric adjustments

Customer assistance and energy-saving resources

Avista recognizes that many households and businesses continue to face financial pressures.

Customers may qualify for assistance through the company’s My Energy Discount program, payment arrangements, preferred due dates and other bill-management options. Avista also partners with local community action agencies to help eligible customers access emergency energy assistance, home weatherization services and heating system improvements.

Customers interested in available programs and assistance options can learn more at myavista.com/assistance.

About Avista Corp.

Avista Corp. is an energy company involved in the production, transmission and distribution of energy as well as other energy-related businesses. Avista Utilities is our operating division that provides electric service to 429,000 customers and natural gas to 386,000 customers. Our service territory covers 34,000 square miles in eastern Washington, northern Idaho and parts of southern and eastern Oregon, with a population of 1.5 million. AERC is an Avista subsidiary that, through its subsidiary AEL&P, provides retail electric service to 18,000 customers in the city and borough of Juneau, Alaska. Our stock is traded under the ticker symbol “AVA”. For more information about Avista, please visit www.avistacorp.com.

This news release contains forward-looking statements regarding the company’s current expectations. Forward-looking statements are all statements other than historical facts. Such statements speak only as of the date of the news release and are subject to a variety of risks and uncertainties, many of which are beyond the company’s control, which could cause actual results to differ materially from the expectations. These risks and uncertainties include, in addition to those discussed herein, all of the factors discussed in the company’s and the Quarterly Report on Form 10-Q for the quarter ended Jun. 30, 2026, and its Annual Report on Form 10-K for the year ended Dec. 31, 2025.

Avista Corp. and the Avista Corp. logo are trademarks of Avista Corporation.

SOURCE: Avista Corporation

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Contact:

Media: Lena Funston (509) 495-8090 lena.funston@avistacorp.com

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