Price UpdateJul 31, 2026, 07:06 PM
Avista Proposes Idaho Electric Rate Hike of 6.5% for Residential
AI Summary
Avista has filed annual requests with the Idaho Public Utilities Commission to adjust natural gas and electric rates, which are designed to true-up costs with actual expenses and have no impact on the company's earnings. If approved, residential electric customers in Idaho would see their monthly bills increase by approximately 6.5% ($7.76) starting October 1, 2026, primarily due to the expiration of a rate credit and higher power costs. Conversely, residential natural gas customers would experience a decrease of about 1.5% ($0.90) per month starting November 1, 2026, mainly driven by lower wholesale natural gas prices.
Key Highlights
- Proposed Idaho residential electric bills to increase by $7.76/month (6.5%) effective Oct 1, 2026.
- Proposed Idaho residential natural gas bills to decrease by $0.90/month (1.5%) effective Nov 1, 2026.
- Electric Power Cost Adjustment (PCA) seeks an increase of $14.6 million or 4.2%.
- Electric Fixed Cost Adjustment (FCA) seeks an increase of $4.0 million or 1.2%.
- Natural Gas Purchased Gas Cost Adjustment (PGA) seeks a decrease of $2.5 million or 3.0%.
- Natural Gas Fixed Cost Adjustment (FCA) seeks an increase of $2.4 million or 2.8%.
- Natural Gas Energy Efficiency Adjustment seeks a decrease of $1.4 million or 1.6%.
Price Impact
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