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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.