20210615Avista Electric Natural Gas Press Release.pdf

Case No. AVU-E-21-01
Case No. AVU-G-21-01
Order No. 35010
Contact: Adam Rush
Office: [phone]
[e-mail]

NEWS RELEASE: Commission schedules public workshop on proposed Avista natural gas,
electric rate increases and will consider proposed settlement

BOISE (June 15, 2021) – The Idaho Public Utilities Commission will host a public workshop
on Wednesday, June 16, to share information on a proposed rate increase for Avista natural gas
and electric customers in Idaho.

The public workshop is on June 16 and begins at 7:00 p.m. (MDT). Those interested in attending
and learning more about Avista’s application can call 1-415-655-0001, and enter meeting
number 133 194 8246. Participation also can be done online by visiting idahogov.webex.com,
and entering meeting number 133 194 8246. At the next window, please enter your name, e-mail
address and this password: June16Meeting.

Parties to the case have proposed a settlement with a two-year rate plan that, if approved by the
Idaho Public Utilities Commission, would allow Avista to increase annual base electric revenues
by $10.6 million, or 4.3 percent, effective Sept. 1, 2021, and increase annual base electric
revenues by $8.0 million, or 3.1 percent, effective Sept. 1, 2022.

For natural gas, the parties agree that Avista should be allowed to decrease natural gas base
revenue by $1.6 million, or 3.7 percent, effective Sept. 1, 2021, and increase natural gas base
revenue by $0.9 million, or 2.2 percent, effective Sept. 1, 2022. Through the settlement
agreement, the parties also agree to return to customers available tax credits of
approximately $31.3 million for electric over the two-year rate plan and $12.1 million for natural
gas over 10 years.

If the settlement is approved, a residential electric customer using an average of 892 kilowatt
hours per month would see a billed increase of $0.49 per month, or 0.6 percent, effective Sept. 1,
2021, and a billed increase of $0.31 per month, or 0.4 percent, effective Sept. 1, 2022. A
residential natural gas customer using an average of 63 therms per month would see a billed
decrease of $2.30 per month, or 4.6 percent, effective Sept. 1, 2021, and a billed increase of
$0.76 per month, or 1.6 percent, effective Sept. 1, 2022.

Avista’s original proposal called for an increase in rates for electric customers and natural gas
customers over a two-year period. In the first year, Avista proposed to increase electric revenues
by $24.8 million, or 10.1 percent, and natural gas revenues by $0.1 million, or 0.1 percent,
beginning Sept. 1, 2021. In the second year, Avista originally requested an increase of $8.7
million, or 3.2 percent, for electric customers, and $1 million, or 2.2 percent, for natural gas
customers. Avista’s original request also proposed to offset the proposed rate increases with
available tax credits, similar to the settlement agreement.

To learn more about Avista’s application, please visit: puc.idaho.gov/case/Details/6614.