$AVA (Avista Corp.)

$AVA {{ '2016-09-21T07:45:52+0000' | timeago}} • Announcement

$AVA said its subsidiary, Alaska Electric Light and Power Company, has filed a request with the Regulatory Commission of Alaska to increase electric rates in total by 8.1%. Company is seeking an interim rate increase of 3.86%, which could take effect on Nov. 1, and a permanent increase of an additional 4.24%, which could take effect on Dec. 2017.

$AVA {{ '2017-09-08T20:50:12+0000' | timeago}} • Announcement

$AVA said VP, State and Federal Regulation, Kelly Norwood plans to retire on Nov. 1, 2017, after serving the company and its customers for 36 years. Kevin Christie, currently VP, Customer Solutions, will assume responsibility for the company’s rates and regulatory activities, while continuing his role in Customer Solutions.

$AVA {{ '2017-08-18T15:23:07+0000' | timeago}} • Announcement

$AVA's BoD declared a quarterly dividend of $0.3575 per share on the company’s common stock, payable on Sept. 15, 2017, to shareholders of record on Aug. 31, 2017.

$AVA {{ '2017-08-02T15:56:11+0000' | timeago}} • Announcement

$AVA, an energy company, has made annual rate adjustment filings with Idaho Public Utilities Commission. If approved, its overall electric revenues will rise by $2.8MM or 1.1% effective Oct. 1, 2017. The monthly bills of Idaho residential customers using average of 910 KW hours per month will spike from $86.39 to $88.12, an increase of approx 2%.

$AVA {{ '2017-07-20T15:33:22+0000' | timeago}} • Announcement

Energy company $AVA has agreed to be acquired by Canada-based power transmission firm Hydro One Ltd. The acquisition will be accretive to earnings in the mid-single digits in the first full year of operation. Avista shareholders will receive $53 per share. Hydro will fund the transaction with C$1.4Bil of its common equity and US$2.6Bil of debt.

$AVA {{ '2017-06-09T20:29:50+0000' | timeago}} • Announcement

$AVA filed a request with the Idaho Public Utilities Commission for a two-year rate plan for 2018 and 2019, with new rates taking effect Jan. 1, 2018 and Jan. 1, 2019. The request, if approved, could increase annual electric billed revenues by $18.6MM or 7.9%, effective Jan. 1, 2018 and $9.9MM or 4.2% effective Jan. 1, 2019.

$AVA {{ '2017-05-26T20:49:47+0000' | timeago}} • Announcement

$AVA filed requests with the Washington Utilities and Transportation Commission to increase electric and natural gas rates. If approved, the electric general rate request is designed to increase annual revenues by $61.4MM, effective May 1, 2018. For natural gas, if approved, the request will increase annual billed revenues by $8.3MM or 5.4%.

$AVA {{ '2017-05-26T20:49:15+0000' | timeago}} • Announcement

$AVA filed a power cost rate adjustment request that would update and reset power supply costs included in billed rates with the Washington Utilities and Transportation Commission. If approved by the Commission, the request is designed to increase revenue by $15MM or 2.9%, effective Sept. 1, 2017.

$AVA {{ '2017-05-17T12:52:46+0000' | timeago}} • Announcement

$AVA and all parties involved reached a settlement to conclude the proceedings for the general rate request filed on Nov. 30, 2016, if approved by the Public Utility Commission of Oregon (PUC), On approval, new rates would be in effect on Oct. 1, 2017. Avista would receive an increase in rates designed to bump its annual billed revenues by 3.7%.

$AVA {{ '2017-05-11T20:39:56+0000' | timeago}} • Announcement

$AVA BoD declared a quarterly dividend of $0.3575 per share on the company's common stock. The common stock dividend is payable June 15, 2017, to shareholders of record at the close of business on May 25, 2017.

$AVA {{ '2017-03-21T20:29:58+0000' | timeago}} • Announcement

$AVA appoints Connie Hulbert as President for its subsidiary Alaska Electric Light and Power Company,  effective July 1, 2017. Hulbert, who replaces the retiring President Tim McLeod, currently serves as VP and Secretary/Treasurer.

$AVA {{ '2017-03-03T14:21:10+0000' | timeago}} • Announcement

$AVA received an order from the Washington Utilities and Transportation Commission, on Feb. 27, 2017, denying its petition for reconsideration and/or rehearing in its 2016 electric and natural gas general rate cases. The Commission confirmed its prior order in the case, which denied Avista's proposed electric and natural gas rate increase requests.

$AVA {{ '2017-02-06T12:42:49+0000' | timeago}} • Announcement

$AVA's BoD declared a quarterly dividend of $0.3575 per share on its common stock, an increase of 4.4%, yielding an annualized dividend of $1.43. The dividend is payable March 15, 2017, to shareholders of record at the close of business on Feb. 24, 2017.

$AVA {{ '2016-09-28T11:54:42+0000' | timeago}} • Announcement

$AVA, Cascade Natural Gas Corp., NW Natural and Puget Sound Energy jointly filed an action in the U.S. District Court for the Eastern District of Washington challenging Washington Department of Ecology's recently promulgated Clean Air Rule. The four companies will also file litigation in Thurston County Superior Court.

$AVA {{ '2016-09-21T07:46:04+0000' | timeago}} • Announcement

Energy company $AVA said if its total rate request is approved, a residential customer using 750 kWh a month would see a monthly increase of $6.72 in summer months and $8 in winter months. The main drivers of the rate request are higher costs, including additions and upgrades to electric system and higher operating and maintenance expense.

$AVA {{ '2016-09-21T07:45:52+0000' | timeago}} • Announcement

$AVA said its subsidiary, Alaska Electric Light and Power Company, has filed a request with the Regulatory Commission of Alaska to increase electric rates in total by 8.1%. Company is seeking an interim rate increase of 3.86%, which could take effect on Nov. 1, and a permanent increase of an additional 4.24%, which could take effect on Dec. 2017.

$AVA {{ '2016-08-30T10:32:46+0000' | timeago}} • Announcement

$AVA said it has filed a Purchased Gas Cost Adjustment with the Idaho PUC, which if approved could lower Idaho natural gas rates overall by 7.8%. Also, residential customers using on average 61 therms per month could see rates dip by $4.65, or 8.4%, for a revised monthly bill of $50.94 on Nov. 1. This lowers company's natural gas revenue by $6.1MM.

$AVA {{ '2016-08-19T17:53:16+0000' | timeago}} • Announcement

$AVA said that its BoD has declared a quarterly dividend of $0.3425 per share on the company's common stock. The dividend is payable Sept. 15, 2016, to shareholders of record at the close of business on Sept. 1, 2016.

$AVA {{ '2016-07-08T18:56:48+0000' | timeago}} • Announcement

$AVA said it appointed Scott H. Maw to its BoD effective Aug. 1, 2016. Mr. Maw, who is EVP and CFO for Starbucks Coffee Company since 2014, will stand for election to the Board at the 2017 annual meeting of shareholders.

$AVA {{ '2016-05-27T06:17:57+0000' | timeago}} • Announcement

Energy company $AVA said it has filed a request with the Idaho Public Utilities Commission, which if approved will increase annual electric revenue by 6.3% or $15.4MM effective Jan. 1, 2017. If approved, a residential customer using 918 kwh per month could see an increase of $6.54 per month, or 7.7%, for a revised monthly rate of $91.26.

$AVA {{ '2016-05-16T22:21:23+0000' | timeago}} • Announcement

Energy producer and distributor $AVA said that it has named Marian Durkin as Corporate Secretary. Marian Durkin will retain her current responsibilities as SVP, General Counsel and Chief Compliance Officer.

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