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Stock impact report

Avista Makes Annual Price Adjustment Requests in Washington

Avista Corporation (AVA) 
Last avista corporation earnings: 2/26 07:05 am Check Earnings Report
Company Research Source: GlobeNewswire
SPOKANE, Wash., Aug. 17, 2018 (GLOBE NEWSWIRE) -- Avista (NYSE: AVA) has made several annual rate adjustment filings with the Washington Utilities and Transportation Commission (UTC or Commission) that would, if approved, result in an overall decrease in electric and natural gas rates, effective Nov. 1, 2018. These annual filings have no impact on the company’s earnings, and are not related to the proposed acquisition of Avista by Hydro One. Customer BillsIf approved by the Commission, residential electric customers in Washington using an average of 938 kilowatt hours per month would see their monthly bills change from $87.33 to $82.07, a decrease of $5.26 per month, or approximately 6.0 percent. Residential natural gas customers using an average of 65 therms per month would see their monthly bills change from $50.66 to $45.29, a decrease of $5.37 per month, or approximately 10.6 percent. The percentage change for electric and natural gas customers varies by rate schedule and is Show less Read more
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