HomeMy WebLinkAbout20050914Comments.pdf.;~
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Coeur Alene Id.
Sept.9 2005 CEi\/ED
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Case number (A VU-05060)!lCf"'.D I~Ij"(oUt! 0CJ t.j' rH I 0' u'
Comments applicable to A vistas application to extend a surcharge on electri~lQijr$ fuJtBLtC
another two years. Reason for surcharge'isJopay down a $78 milliofil1fbldrrdlESt~iSlffili
following the 2000 and 2001 Western States energy crisis.
The rate payers should not be required to pay to reduce these losses.
Poor management and greed were the causes of these losses. A vista management
contracted to sell power at $39.00 per unit to Eastern states. When the eastern states
needed the power Avista had to go to the open market and buy power at over $130.00 per
unit to fulfill the contract they had signed. This created the huge loss they incured.
Avista has since terminated the C.that made those decisions and are currently paying
him over a million dollars a year in severance pay.
This debt should be paid by profits that would normally go as dividends to share holders.
If the company had made a profit on this contract the share holders would have reaped the
rewards. (not the rate payers). Thus the share holders should pay the loss.
A C.O. that almost bankrupts a company should not be rewarded for his greed and poor
decisions. If anYthing he should repay part of the loss that he created.
Respectfully Roy Dimico
3655 Pineridge Dr.
Coeur d' Alene Id.
83815
Copies to.
Representative Butch Otter
Senators Larry Craig and Michael Crapo.
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Jean Jewell
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From:
Sent:
To:
Subject:
Ed Howell
Wednesday, September 14, 2005 10:39 AM
Jean Jewell; Ed Howell; Gene Fadness; Tonya Clark
Comment acknowledgement
WWW Form Submission:
Wednesday, September 14, 2005
9:38:51 AM
Case: AVU-E-05-06
Name: Norma Milliser
Street Address: 502 So. 18th St.
City: Coeur d' Alene
State: Id
ZIP: 83814
Home Telephone: 208-666-9390E-Mail: nmilliser~adelphia. net
Company: Avista Utilities
mailing list yes no: (ye~)
Comment description: ~garding Avista s request for extension of surcharge:
When I read the article in the paper, I agreed that it should be continued. Then on
9/13/05 I heard on the news that they are requesting so much more and this does not even
consider the after effects of hurricane Katrina.
I think Avista needs to stop asking for more and more increases from its customers and
consider doing what other companies and schools do, make do with what they have until it
is absolutely necessary for the increases.
I realize they have projections to keep what is needed flowing, but how can they justify a
request to keep the surcharge and then a few days later ask for such a huge increase inservices.
Please consider everything they request and consider what the population is asked to pay
through taxes. It all adds up to more and more money that comes mostly from property taxpayers.
Thank you for your consideration.
no doubt you will way both sides.You have always done the fair thing for us and I have
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