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Media: Lena Funston (509)495-8090 lena.funston(a)avistacorp.com RECEIVED
Investors: Stacey Walters (509)495-2046 stacey-walters a()avistacorp.com FEBRUARY 13, 2026
Avista 24/7 Media Access (509)495-4174 IDAHO PUBLIC
UTILITIES COMMISSION
Avista Makes Annual Price Adjustment Filing in Idaho
Request would result in higher electric prices effective May 1, 2026.
SPOKANE, Wash. — February 13, 2026, 4:05 p.m. PDT: Avista (NYSE: AVA) has made an
annual rate adjustment filing with the Idaho Public Utilities Commission (IPUC or Commission) that if
approved, is designed to increase overall electric revenues by approximately$25.2 million or 7.4%effective
May 1, 2026. This filing has no impact on Avista's earnings.
The proposed rate adjustment modifies the level of funding for Avista's electric energy efficiency programs.
This adjustment aligns the amount that is collected in customer rates with the actual costs to operate the
programs. Avista's energy efficiency programs are designed to provide a financial incentive or rebate for
cost-effective energy efficiency measures. The rate changes proposed reflect the required level of funding
needed to operate the programs in the coming year, and to recover costs spent in 2025 that exceeded the
levels included in rates. The electric rate adjustment is designed to increase the amount collected from
customers by$25.2 million or 7.4%.
Customer Bills Resulting from these Filings
If the electric Energy Efficiency filing is approved, residential electric customers in Idaho using an average
of 939 kilowatt hours per month would see their monthly bills increase from$115.54 to$124.44, an increase
of $8.90 per month, or approximately 7.7%. The requested electric rate change by rate schedule is as
follows:
Residential Service- Schedule 1 7.4%
General Service- Schedules 11 & 12 7.3%
Large General Service-Schedules 21 &22 7.1%
Extra Large General Service - Schedule 25 7.5%
Extra Large General Service - Schedule 25P 7.9%
Pumping Service- Schedules 31 & 32 7.2%
Street&Area Lights-Schedules 41-49 7.1%
Overall 7.4%
Rate Application Procedure
Avista's applications are proposals, subject to public review and a Commission decision. Copies of the
applications are available for public review at the offices of both the Commission and Avista, and on the
Commission's website (www.puc.idaho.gov). Customers may file with the Commission written comments
related to Avista's filings. Customers may also subscribe to the Commission's RSS feed
(http://www.puc.idaho.aov/rssfeeds/rss.htm)to receive periodic updates via e-mail about the case. Copies
of rate filings are also available on Avista's website at www.myavista.com/rates.
If you would like to submit comments on the proposed rate change, you can do so by going to the
Commission website or mailing comments to:
Idaho Public Utilities Commission
P.O. Box 83720
Boise, ID 83720-0074
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 422,000 customers and natural gas to 383,000 customers. Our service territory covers 30,000
square miles in eastern Washington, northern Idaho and parts of southern and eastern Oregon, with a
population of 1.7 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.avistacorl).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 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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