Oregon - Rate Requests
On Oct. 22, 2021, Avista filed a request to recover costs for ongoing natural gas infrastructure projects and other investments with the Public Utility Commission of Oregon (PUC). If approved, customer bills would not increase through the use of tax credits.
The majority of the current capital investments include upgrades and maintenance of natural gas pipe and distribution equipment as well as other information technology improvements.
“Avista has maintained focus on our essential service and providing our customers with safe, reliable and affordable energy,” said Avista President and CEO, Dennis Vermillion. “This means that we’ve continued to make important and necessary investments in our infrastructure. We’ve made these investments on behalf of our customers because it’s the right thing to do. Our customers expect the energy to be there when they need it.”
Customer Bills
If approved by the PUC, the proposal is designed to increase annual billed revenues by $3.8 million, but at that same time be fully offset for a two-year period with tax customer credits of the same amount. The net result would be no change in billed revenues effective Sept. 1, 2022, for a two-year period.
Residential natural gas customers in Oregon using an average of 48 therms per month would expect to see no change in their average monthly bill, which as of November 1, 2021 will be $66.97 per month.
Want to learn more about how rate cases work? Watch this short video or read more.