Avista's rate changes for Idaho get clearance

Avista's new rates for gas and electricity in Idaho took effect Monday and they will change again a year later

The approved rates are designed to increase annual base electric revenues by $19.5 million or 6.3%, effective Sept. 1, and by $14.7 million or 4.5%, effective Sept. 1, 2026.

 

For natural gas, the settlement agreement is designed to increase annual base natural gas revenues by $4.6 million or 9.2%, effective Sept. 1, and reduce base revenues by $0.2 million or 0.4%, effective Sept. 1, 2026.

“The commission’s decision keeps new rates fair and reasonable for our Idaho customers, the company, and our shareholders,” said Heather Rosentrater, Avista president and CEO. “This constructive outcome supports Avista's efforts to make key capital investments that allow us to earn a fair return in Idaho as we invest in and maintain our infrastructure to continue providing the reliable energy our customers expect."