Avista’s reasoning hard to buy
Ah, a sure sign winter is quickly coming. Another Avista rate increase is already here. It will soon be January, and they will be asking for another. Where does the time go?
It’s the reasons they give to justify the rate changes I find so ingenious. Who can remember them all? There’s the equipment upgrade on their Montana dams, not enough snow and this year, the temperature just wasn’t cold enough.
The real season is their shareholders and their projected higher earnings after every rate increase.
Scott Morris, Avista chairman and CEO, said they had a challenging first quarter. For your thousands of residential and business customers trying to pay your increase, that’s challenging.
Enjoy the winter, Scott.