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News Breaks | | | | August 31, 2012 | | 16:09 EDT |  | AVA | Avista files 2012 natural gas integrated resource plan
Avista filed its 2012 Natural Gas Integrated Resource Plan with state regulators in Washington, Idaho and Oregon. The plan forecasts sufficient natural gas resources well into the future, indicating that access to natural gas supply through the acquisition of additional pipeline resources will not be needed until 2029 or later. The IRP, submitted to the public utility commissions every two years as part of Avista's regulatory commitment, forecasts natural gas demand and addresses potential new resources to ensure Avista's continued reliable natural gas service for the coming 20 years. Avista's last Natural Gas IRP was filed in December of 2009. Notable changes since the last filing include lower demand driven mainly by lower customer growth and decreased use per customer. The other major change is the considerable drop in the long-term cost of natural gas due to the increased production from previously untapped shale gas formations throughout North America. Access to these natural gas sources could provide long-term availability to low priced natural gas. | |
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