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Stock Market & Financial Investment News

News Breaks
December 26, 2012
19:15 EDTAVAAvista receives UTC approval on electric, natural gas rate increases
Avista received approval from the Washington Utilities and Transportation Commission, or UTC, on the multi-party settlement agreement that was filed with the UTC on October 19, concluding the company's electric and natural gas rate request filed on April 2. New rates will take effect on Jan. 1, 2013 and Jan. 1, 2014. The approved rates provide for an authorized return on equity of 9.8% and an equity ratio of 47%. Avista will increase base rates for electric customers by an overall 3.0% to provide an additional $13.65M in annual revenue. Base rates for natural gas customers will increase by an overall 3.6% to provide an additional $5.3M in annual revenue.
News For AVA From The Last 14 Days
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November 25, 2014
20:08 EDTAVAAvista receives approval of settlement increasing Washington rates
Avista received approval, with minor changes, from the Washington Utilities and Transportation Commission on the all-party settlement agreement that was filed on Aug. 18, concluding the company's electric and natural gas rate requests filed on Feb. 4. New rates will take effect on Jan. 1, 2015. The approved rates are designed to increase annual electric base revenues by 2.5% or $12.3M, inclusive of a $5.3M November 2014 power supply update as required in the settlement agreement. Approved natural gas rates are designed to increase annual base revenues by 5.6% or $8.5M.

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