Spokane, WA-based Avista Utilities on Wednesday gained approval Wednesday from Idaho regulators to raise its retail natural gas utility rates 5.2% this year with the bulk of the hike effective Monday. Retail electric rates for the combination utility will stay unchanged until Oct. 1 when a 1.9% power utility retail rate increase will start, according to the Idaho Public Utilities Commission (PUC). The rate changes are part of a settlement the PUC approved, dividing the gas hike into two parts: 4.9% effective Monday and 0.3% held until Oct. 1. Avista originally had proposed a 7.2% gas rate increase overall, and a 4.6% electric rate hike for Monday. The settlement precludes a separate base rate settlement from becoming effective until Jan. 1, 2015, the PUC said.
©Copyright 2013Intelligence Press Inc. All rights reserved. The preceding news reportmay not be republished or redistributed, in whole or in part, in anyform, without prior written consent of Intelligence Press, Inc.
© 2020 Natural Gas Intelligence. All rights reserved.
ISSN © 1532-1231 | ISSN © 2577-9877 |