HomeMy WebLinkAbout20090403Comments.pdf. ¡~A1"~¥J IHI..;~ ~.~ rl
Winter 2?dge
Natural Foods Market 1)::;" -". I,.~.
703 'W £ak, St.
Sandpoint, ¡CD 83864 208-2¡;JJ¡ii~fR - 2 A~1 8= 12
i9rarcli 30, 2009
tIo Wliom It rMay Concern:
I am wrting in reoarás to the proposed rate increase 6y
)lvi Vtifities of 12.8%.)ls our economy continues to
tieliten and 6ecome more difuÛ. %e amounts we payfor
efectrity 6ecome more of a 6urdén to myself and others.
(jespte the efort to conserve energy my 6iC& continue to
incease. If I rem6er correctfy in 19930r.1994 we as Idali
Citizens paid approxjmatefy .5cents/1fowatt and.42 cents/
%erm. :Now. we pay.8 cents/1iJatt and $1. 14/Irm. It
seems fiÆe a sm£( incease 6ut it amounts to mi1ions of
(joffrs.
I as~tlit your décfine to increase our rates again. We
live fi severa( rate inceases over the fa few years. (Jfease
te£()lvi tlit the citizens of Idali can not afordanymore
rate.. increase for no, andtlit )lvia ' s profts are liie Ii
enougli )ls we of tieliten our 6e(ts so sliufd )lvia. I am sure
tlit tli can find ways to cut wase and remin proJta,6fe.
Sincerefy,
Greog Clmmer
~~J01
~daho Public utilities Commission
472 W. Washington street
Boise Idaho 87370
v¡ ¡t~V /~i) ~ AVISIA
i. tf from A1 ,
(800) 432-0369
PLEASE. . . NO more rate increases!
ßrliClps Av/j-~ a/7d-/Ae~.t
c'xct./-r/ve Sh'ou 61':fjf=e n ¡heir
¿e/r.. h~e -lAe res I o-Æv.,.. We
Cqd:¡ yo re: ~l e. ~a u.;1i eve/" .f¡~e Vce
i;¡eec! mf.reMOlfey, Incentive payouts
or wdhlrnorei increase as
oV ~ I? ¿Jè."J~ revenue picks up
1:, J 9' w. #.ar6or1)r. By BILL BULEY
CòeurdJA Ie ne, Z.o . Staff writer
¡sfi if
(J
, COEUR d ALENE - A
'good year for Avista COiV.
in meeting its goals in 2008
resulted in more incentive pay
for its top executives.
TI1e company fied its aillu-d ai proxy state-
~ ment with the
U.S. Securities
. and Exchange
Coninùssion on
Tuesday.
: '. . 'TI1e total
inceiitive pay
. in 2008 for Jive
Avista executives was nearly
$iì50,OOO, lip dramatically from
$135,000 iii 2007.
N
-s0-
ii.
(. ~\
UJce
N
i
0:0.-..
g;~
see AVISTA, A2
Coeur d i Alene Press
201 N. 2nd street
Coeur d i Alene, Idaho 83814
(208) 664-8176
essie uerst, ~olri~Jdications manager for
the company, said Morristoo.k on n~w titles last
year as chairman of thehqard and CEO.
"With the'promotions cane a raise," she said.'
I.J if 01n. I
i
avi eyer; vice president and chief
counsel for regulatory:and goyernmental affairs,
$~e= :.'=.:~:;;:milli*.!i ..',
While all four also received substatial .
increases in incentive pay in 2008 from the
previousyear, Wuerst said the long-term stock
incentive awards are paid by shareholders, not
Avista Utiities customers. '
Wuerstsaid the salaries and compensation '
packages for Avista's executives fall into the
mid-range of similar companies. TIiey are neces-
sary to be competitivt in the marketplace and
keep the best employees, she sàid.
Avista is proposing net electric rate increase
of 7.8 percent and a ¡iaturaì gasrate increase of
3 percent in Idaho, but Avista pOints' out that the
amount of compensation included in rates for all
of Avista's officers is about a half-cent of every
dollar customers pay for energy.
Wuerst said there are several triggers regJrd-
ing executive incentives.
"Executives' incentive compensation is
customer-focused and performance-based.
Customer service targets must first be met.
Executive officers then must also meet investor-
focused capital spending and earnings-per-share
targets for a proportional payout of their annual
cash incentive," an Avista report said.
Avista serves 121,000 electric and more than
93,000 natural gas customers in Idaho.