Avista forms Salix to explore customized LNG solutions Salix, a non-utility subsidiary of Avista, has been formed to explore domestic markets that could be served with liquefied natural gas, primarily in the West and Pacific Northwest. Robert Lafferty has been named president of Salix. The company said, "Salix will explore ways to extend the significant benefits of natural gas beyond traditional pipeline-supplied markets."
Avista requests natural gas price decrease in Idaho Avista filed its annual Purchased Gas Cost Adjustment in Idaho which could see an overall 14.5% decrease in their natural gas rates on Nov. 1 if approved by the Idaho Public Utilities Commission. Avista's natural gas revenues would decrease by $10.3M or approximately 14.5%. Avista does not mark up the cost of natural gas purchased to meet customer needs, so the filing does not increase or decrease company earnings.