Avista seeks gas rate decrease

Print Article

Avista on Monday filed Purchased Gas Cost Adjustment requests with the utility commissions in Washington and Idaho to reduce overall natural gas prices by 6.4 percent and 6 percent respectively, to be effective March 1.

If the request is approved by the Idaho Public Utilities Commission, an Idaho customer using an average of 62 therms per month would see a $3.46, or 5.7 percent, decrease for a revised monthly bill of $57.50. Idaho commercial customers could expect decreases of 7.3 percent for large general service schedule 111 and 9.7 percent for interruptible sales service schedule 131. Avista has approximately 149,000 natural gas customers in Washington and 76,000 in Idaho.

If the request is approved by the Washington Utilities and Transportation Commission, a residential customer in Washington using an average of 67 therms per month would see a decrease of $3.90, or 6.0 percent, for a revised monthly bill of $60.73. Washington commercial customers could expect decreases of 7.6 percent for large general service schedule 111, 8.2 percent for extra large general service schedule 121 and 9.5 percent for interruptible sales service schedule 131.

"We know many of our customers are concerned about expenses in this economy, and we want to pass these price decreases on to them as quickly as we can," said Dennis Vermillion, president of Avista Utilities. "The increase in natural gas supply, along with continuing soft demand, is creating the current environment of falling natural gas prices."

PGA filings are usually made annually in the fall to pass through changes in the cost of natural gas Avista acquires to serve customers.

The direct cost of natural gas makes up about 65 percent of an Avista customer's bill, and this cost can fluctuate up and down based on market prices.

If approved by the WUTC, overall revenues from Washington customers would decrease by $9.9 million, and if approved by the IPUC, overall revenues from Idaho customers would decrease by $4.1 million.

Print Article

Read More Business

Border wall, health care jeopardize bill days from shutdown

AP

April 24, 2017 at 3:20 pm | WASHINGTON (AP) Partisan disputes over health care and President Donald Trump's border wall threw must-pass spending legislation into jeopardy Monday days ahead of a government shutdown deadline. ...

Comments

Read More

Senate confirms Sonny Perdue as agriculture secretary

AP

April 24, 2017 at 3:19 pm | WASHINGTON (AP) The Senate on Monday confirmed former Georgia Gov. Sonny Perdue to be agriculture secretary in President Donald Trump's administration as the farming industry looks to Washington fo...

Comments

Read More

Chobani yogurt company sues right-wing radio host Alex Jones

AP

April 24, 2017 at 2:16 pm | BOISE, Idaho (AP) Greek yogurt giant Chobani filed a lawsuit Monday against right-wing radio host Alex Jones, accusing the conspiracy theorist of publishing false information about the company. ...

Comments

Read More

Financial Markets Glance

AP

April 24, 2017 at 2:14 pm | Dow Jones Industrials High: 20,792.20 Low: 20,723.59 Close: 20,763.89 Change: +216.13 Other Indexes Standard&Poors 500 Index: 2374.15 +25.46 NYSE Index: 11,531.80 ...

Comments

Read More

Contact Us

(208) 664-8176
215 N. Second St
Coeur d'Alene, Idaho 83814

©2017 The Coeur d'Alene Press Terms of Use Privacy Policy
X
X