20150827Customer Notice.pdf

AVISTA UTILITIES
Case No. AVU-G-15-0 z
EXHIBIT'OE"
Copy of Press Release and Customer Notice
August 26,2015
Gontact:DRAFT
Media: Casey Fielder (509) 4954916, [e-mail]
lnvestors: Jason Lang [phone], [e-mail]
Avista 2417 MediaAccess [phone]
Avista Makes Annual Price Adjustment Request in ldaho
Reguesf would decrease naturalgas prces effective Nov. 1, 2015
SPOKANE, Wash. Aug. 27,2015,1:05 p.m. PST: Avista (NYSE: AVA) customers in ldaho
could see an overall 14.5 percent decrease in their naturalgas rates on Nov. 1, 2015 if the
ldaho Public Utilities Commission (IPUC or Commission) approves the company's annual
Purchased Gas Cost Adjustment (PGA) filed today.
lf the request is approved, Avista residential customers using an average of 61 therms a month
could expect their bill to decrease by $7.94, or 13.4 percent, for a revised monthly bill of $51.28
beginning Nov. 1 ,2015. Avista's naturalgas revenues would decrease by $10.3 million, or
approximately 14.5 percent. The requested natural gas rate change by customer segment is as
follows:
General Service - Firm - Schedule 101 - Residential& Small Commercial
Large General Service - Firm - Schedules - Commercial111 & 112
High Annual Load Factor Large - lnterruptible Service Schedules 132
-13.40/o
-18.00/o
-24.60/o
Avista does not mark up the cost of natural gas purchased to meet customer needs, so the filing
does not increase or decrease company earnings.
PGAs are filed each year to balance the actual cost of wholesale natural gas purchased by
Avista to serve customers with the amount included in rates. This includes the naturalgas
commodity cost as well as the cost to transport natural gas on interstate pipelines to Avista's
local distribution system. The primary drivers for the company's requested decrease include a
reduction in natural gas commodity costs due to a warmer than normal winter, an abundance of
natural gas held in storage, and continued high production levels of natural gas.
About 50 percent of an Avista natura! gas customer's bill is the combined cost of purchasing
naturalgas on the wholesale market and transporting it to Avista's system. These costs
fluctuate up and down based on market prices. The costs are not marked up by Avista. The
remaining 50 percent covers the cost of delivering the natural gas - the equipment and people
needed to provide safe and reliable service.
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
thecommisSion'shomepage@.Customersmayfilewiththecommissionwritten
comments related to Avista's filings. Customers may also subscribe to the commission's RSS feed
(http://www.puc.idaho.qov/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.avistautilities.com/rates.
About Avista Gorp.
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 369,000 customers and natural gas to 329,000 customers. lts
service territory covers 30,000 square miles in eastern Washington, northern ldaho and parts of
southern and eastern Oregon, with a population of 1.6 million. Alaska Energy and Resources
Company is an Avista subsidiary that provides retail electric service in the city and borough of
Juneau, Alaska, through its subsidiary Alaska Electric Light and Power Company. Avista stock
is traded under the ticker symbol "AVA." For more information about Avista, please visit
www.avistacorp.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 dffier materially from the expectations. These risks and uncertainties include, in
addition to those discussed herein, all of the factors discussed in the company's Annual Report
on Form 1GK for the year ended Dec. 31 , 2014 and the Quarterly Report on Form 10-Q for the
quarter ended June 30, 2015.
SOURCE: Avista Corporation
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sh irlev.wolf@avistacorp. com
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