May 28, 2009 in City

Avista customers will see rate reduction

Associated Press
 

State regulators have approved a rate decrease for Avista Utilities’ natural gas customers, taking effect June 1.

The average bill for a typical residential customer will drop by about $7, or 8.1 percent, to $79.43, the state Utilities and Transportation Commission announced Thursday. In January, the commission approved a 3 percent decrease for Avista customers.

The commission says the rate drop is in response to excess supply caused by a weak economy, resulting in a sharp decline in wholesale natural gas prices.

Spokane-based Avista has nearly 146,000 natural gas customers in 10 counties, primarily in Eastern Washington.

© Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Get stories like this in a free daily email


Please keep it civil. Don't post comments that are obscene, defamatory, threatening, off-topic, an infringement of copyright or an invasion of privacy. Read our forum standards and community guidelines.

You must be logged in to post comments. Please log in here or click the comment box below for options.

comments powered by Disqus