Trystan Casey
Avista Utilities provides electricity to customers in four states across the US, with 21 power plants owned by or associated with the company. Avista's rates are regulated by state utility commissions, which deem them fair and reasonable. The average monthly bundled electric bill for Avista customers is $106.22, compared to the US average of $141.25 for bundled service. Avista's rates vary depending on location and customer class, with the company offering various rate schedules, including residential, commercial, and industrial rates. The company also offers net metering, allowing customers with solar panels to sell their excess energy back to the grid.
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What You'll Learn
Avista's rates are set by state utility commissions
The process of changing customer base rates involves a formal request from Avista to state utility commissions. This is called a general rate case, and it applies to Avista's customers in Idaho, Oregon, and Washington. The commissions then examine Avista's requests, take public comments, and set rates that are fair and reasonable for customers and Avista.
For example, in Washington, Avista filed a multi-year rate plan with the Washington Utilities and Transportation Commission (WUTC) in January 2024. If approved, the plan would allow Avista to recover increased operating and maintenance costs and ongoing investments in infrastructure and technology. As a result, residential electric customers in Washington could expect to see a total billed increase of 13.3%, or a revised monthly bill of $110.20, including a proposed $6.00 per month increase in the basic charge.
Avista also makes annual rate adjustments, such as the Power Cost Adjustment (PCA) in Idaho, which reflects the difference between the actual cost of generating and purchasing electric power and the cost currently included in customer rates. Additionally, Avista offers net metering, allowing customers with personal solar panels to sell their extra wattage back to the grid.
Overall, Avista's rates are designed to provide affordable, safe, and reliable energy to its customers, with the average monthly bundled electric bill being $106.22, significantly lower than the US average of $141.25 for bundled service.
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Avista's rates are lower than the national average
Avista's rates vary by state and customer class, and the company has customers in 106 cities across the nation, including Washington, Idaho, Montana, and Alaska. The average bundled rate of electricity for Avista Utilities customers is 12.02 cents per kilowatt-hour (¢/kWh).
Avista Utilities gives its consumers the ability to take advantage of net metering, which allows those with personal solar panels to sell their extra wattage back to the grid. Avista also offers a Residential Exchange Program in Idaho and Washington, which provides credits to residential and small farm customers' monthly electric rates.
While Avista's rates are currently lower than the national average, the company has filed a multi-year rate plan that, if approved, would increase rates for electric and natural gas customers in Washington, with the new rates taking effect in December 2024 and December 2025. The actual percentage increase will vary by customer class and depend on energy usage.
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Avista's rates vary by state
In Washington, Avista has filed a multi-year rate plan with the Washington Utilities and Transportation Commission (WUTC) that, if approved, would increase rates for electric and natural gas customers starting in December 2024 and December 2025. The actual percentage increase will vary by customer class and energy usage, with residential electric customers using 945 kWh per month expected to see a 13.3% increase in their monthly bills.
In Idaho, Avista offers a range of electric rates and tariffs, including residential, general, and large general service. The company also provides a Power Cost Adjustment (PCA), which is an annual rate adjustment that reflects the difference between the actual cost of generating and purchasing electric power and the cost included in customer rates.
Avista's rates in Oregon are also regulated by the state utility commission. The company offers a Purchased Gas Cost Adjustment (PGA) that balances the actual cost of wholesale natural gas with the amount included in current rates.
Overall, Avista's residential electric service is, on average, 34% lower than the national average for investor-owned utilities. The company also offers programs such as net metering, which allows customers with personal solar panels to sell their extra wattage back to the grid.
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Avista's rates are subject to change
To change base rates, Avista must request approval from state utility commissions through a general rate case. Base rates cover the total cost of providing electricity and gas services, including energy generation, purchase, and delivery. The Purchased Gas Cost Adjustment (PGA) is an annual adjustment that balances the actual cost of wholesale natural gas with the amount included in current rates. Similarly, the Power Cost Adjustment (PCA) reflects the difference between the actual cost of generating and purchasing electric power and the cost included in customer rates.
Avista's rates vary by state and customer class, with state-specific documents outlining rate adjustments and pricing. In Washington, for example, a rate request filed in January 2024, if approved, would increase residential electric customer bills by 13.3%, effective December 2024. This would amount to a $12.94 increase for a revised monthly bill of $110.20. The following year, in December 2025, a further increase of 7.8% is planned, if approved.
Avista Utilities' average residential price per kilowatt-hour is 12.02 cents, with an average monthly bill of $106.22, significantly lower than the US average of $141.25 for bundled service. Avista's rates are highest in February, with the highest average bill in January.
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Avista's rates are based on energy usage
The average monthly bundled electric bill for Avista Utilities customers is $106.22, which is lower than the US average of $141.25 for bundled service. The average bundled rate of electricity for Avista Utilities customers is 12.02 cents per kilowatt-hour. Avista's residential electric rates are highest in February, and the highest average bill is in January.
Avista's rates are subject to change and are approved by state public utility commissions. The company files rate requests with these commissions, which examine the requests, consider public comments, and set rates that are fair and reasonable for customers and the company. For example, in Washington, Avista filed a multi-year rate plan in January 2024, which, if approved, would increase rates for electric and natural gas customers, with the actual percentage increase varying by customer class and energy usage.
Avista also offers programs such as the Power Cost Adjustment (PCA) and the Residential Exchange Program to adjust rates and provide credits to customers. Additionally, customers can take advantage of net metering if they install personal solar panels, allowing them to sell their extra wattage back to the grid.
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Frequently asked questions
Avista Utilities has an average monthly bundled electric bill of $106.22, compared to the US average of $141.25 for bundled service. The average bundled rate of electricity for Avista consumers is 12.02 cents per kilowatt-hour.
Avista Utilities residential electric rates are highest in February, with the highest average bill in January.
In Washington, residential electric customers using 945 kWh per month could expect to see a total billed increase of 13.3%, or $12.94 for a revised monthly bill of $110.20. This includes a proposed $6 increase in the basic charge.
Avista's rates are set by state utility commissions, which deem the rates fair and reasonable for customers. The rates cover the costs of generating electricity, purchasing energy, delivering energy to customers, and providing a return for shareholders.
