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HomeMy WebLinkAbout20170807Comment.PDFDiane Holt From:parodyf@yahoo.com Sent:Sunday,August 6,2017 9:55 AM To:Beverly Barker;Diane Holt;Matthew Evans Subject:Case Comment Form:Fran Parody Name:Fran Parody Case Number:AVU-G-17-03 Email:parodyf@yahoo.com Telephone:2087735445 Address:4970 E Shoreline Dr Post Falls ID,83854 Name of Utility Company:Avista Comment:I am definitely not in favor of Avista’s two-year rate increase request.I’m sure this won’t affect Avista’s CEO(Mr.Morris,$3,733,712 salary),Mr.Feltes (VP -$1,065,421 salary),Mr.Durkin (VP -$1,124,162 salary),Mr.Thies -(VP$1,360,930 -salary),etc.It will,however,definitely affect regular Avista customers who don’t have the luxury of so highanincome. It’s interesting that we are constantly advised to conserve energy;even on Avista’s website there are “tips”on how to dothis.And then BANG --when we do that,we are punished with higher rates.We consumers have to save money and“conserve”because,unlike Avista,we have no one to turn to for a bailout.Perhaps some of the high-paid Avistaexecutiveswouldliketodonatepartoftheirmillion-dollar-plus salaries to help offset Avista’s FCA shortfall. I’m wondering why in May 2017 CEO Morris said that Avista’s earnings were “above expectations”and they had “lower than expected operating expenses.”How does that correlate with the fact that they have to raise rates?Oh --maybethoseprofitsjustbenefitedthestockholders,not the customers?? As for the merger with Hydro One,based in Toronto,Canada....Why are U.S.companies constantly selling out to foreignones?But “nothing will change.”I guess that remains to be seen.What about the valuation difference between U.S.and Canadian money? Unique Identifier:98.146.235.42 1