20221129Quarterly Report.pdf

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Avista Corp.
l4l I East Mission P.O. Box 3727
Spokane. Washington 99220-0500
Telephone [phone]
Toll Free 800-727-9170
November 29,2022
Commission Secretary
Idalro Public Utilities Commission
11331 W. Chinden Blvd
Bldg 8 Suite 201-A
Boise, \D 83714
RE: AVII-E-19-06/AW-G-I9-03
Electric and Natural Gas Fixed Cost Adiustnent Mechanism
Ouarterl), Report
Attached for filing with the Commission is an electonic copy of Avista's Electric and Natural Gas
Fixed Cost Adjustnent Mechanism Quarterly Report.
The report consists of spreadsheets showing the monthly revenue deferral calculations for July,
August, and September 2022. Also included in the report are the monthly general ledger balances
resulting from the deferral and amortization activity during the 3rd quarter of 2022.
Questions regarding this filing should be directed to Joel Anderson at [phone]
Sincerely,
lsl Joe Miller
Joe Miller
Senior Manager of Rates and Tariffs
Enc.
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NOTES
Avista Corporation Fixed Cost Adjustment Mechanism
ldaho Jurisdiction
Quarterly Report for 2nd
quarter 2022
1) The following table shows how the decoupled revenue per customer has tracked with use per customer
for each quarter. The similarity of the percentage change indicates that the mechanism is working as
intended.
Summarized Quarterly and Year to Date Use per Customer and Fixed Cost Adjustment Revenue
Per Customer. Change versus Authorized
YTD wtd
Q3 2022 Q42O22 Q12023 Q22O23 Average
Electric Residential
Change in Use per Customer 275
Change in FCA Revenue per Customer 520.66
Deferral per Average Customer -Sfg.OZ
Electric Non-Residential
Change in Use per Customer (1,700)
Change in FCA Revenue per Customer 511.83
Deferral per Average Customer -Sg.Og
Yo
Natura! Gas Residential
Change in Use per Customer
Change in FCA Revenue per Customer
Deferral per Average Customer
Natural Gas Non-Residential
Change in Use per Customer
Change in FCA Revenue per Customer
Deferral per Average Customer
(10)
-s4.28
Sq.zt
(312)
-s1s6.39
s161.96
L2.2%
L3.s%
-Ls.3%
2.O%
-20.1%
-203%
-t2.L%
-29.5%
2) The contra asset accounting shown on page 8 is for financial reporting purposes only. Generally Accepted
Accounting Principles allow revenue recognition from alternative revenue programs up to the amount
expected to be collected within 24 months following the end of the annual period in which they are
recognized. Due to the 3% annual rate increase limitation a portion of a 2022 surcharge may not be fully
recovered bV L2l3L/2024 and therefore would not be recognizable as income for financial reporting
purposes in 2022. The income statement impact of any contra deferral entries will be eliminated for
normalized ldaho results reporting.
lD Fixed Cost Adjustment Report Q3 2022.xlsx / Notes Page 9 of 9