Reported Earlier, Avista Makes Price Adjustment Request For $15.3M Electric Rate Increase In Washington, Effective July 1, 2025
Author: Benzinga Newsdesk | April 01, 2025 02:49am
Avista is presently recovering approximately $19.0 million in ERM-related expenses in customer rates, which will end July 1, 2025. Therefore, the combined effect of the current ERM balance expiring, offset by the proposed ERM recovery proposed in this filing, is a net ERM-expense recovery of $15.3 million, or 2.1%. The Company's filing seeks to recover this balance, which includes the associated interest, from customers effective July 1, 2025 over a 12-month period.
Posted In: AVA