Avista - A Spokane legacy

Formerly the Washington Water Power Co., Avista has been a Spokane mainstay since 1889. On July 19, 2017, Avista announced it was being purchased by Canadian utilities company Hydro One. On Wednesday, December 5, 2018, that deal was rejected.

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News > Spokane

Sale of Avista would require ‘net benefits’ to ratepayers, Washington regulators say

UPDATED: Fri., July 21, 2017

Things to know about the proposed Avista sale: Scott Morris’ stock is worth about $10 million under this deal. Avista’s sales price has caused a stir in Canada, where Hydro One customers worry about rate increases. Washington regulators say Avista ratepayers must receive a benefit for the sale to win state approval.

News > Spokane

Avista sale latest in trend of Canadian utility acquisitions

UPDATED: Fri., July 21, 2017

Large Canadian power companies have been snapping up smaller American ones for several years, paying tens of billions of dollars to expand their geographic footprint in a country that offers lighter regulations and higher returns on investment.

News > Spokane

Avista’s community leadership role expected to continue

UPDATED: Wed., July 19, 2017

For more than a century, Avista and Washington Water Power Co. contributed leadership and charitable support to the Spokane area’s economic development and civic betterment initiatives.

News > Spokane

Local leaders offer optimism following Avista’s announced sale to Hydro One

UPDATED: Wed., July 19, 2017

City, county and state elected officials said Wednesday they were heartened by the utility’s public message following the announced sale that it would maintain its commitment to partnerships in and around Spokane.

News > Spokane

Avista selling to Canadian firm Hydro One for $5.3 billion

UPDATED: Thu., July 20, 2017

Avista is being sold for $5.3 billion to a Canadian company called Hydro One, the companies announced Wednesday.

News > Spokane

Hundreds in the Inland Northwest without power after Monday evening thunderstorm

UPDATED: Tue., June 27, 2017

Hundreds of people in the Inland Northwest remain without power after a thunderstorm whipped through the area Monday evening with high winds and heavy rain.

News > Crime/Public Safety

More than 100 Avista customers in Spokane Valley lose power after pickup knocks over power pole

UPDATED: Mon., April 24, 2017

About 115 Avista Utilities customers are without power after a truck hit a power pole in Spokane Valley this morning. A man driving a Dodge Durango crashed into a power pole at the intersection of Maringo Drive and Farr Road at about 7:30 a.m., knocking it over and cutting off power to multiple homes in the area. Spokane Sheriff’s Deputy Mark Gregory said an initial investigation indicates that the driver may have fallen asleep behind the wheel.

News > Spokane

Contractor mum on who approved illegal road bulldozed into South Hill bluff

UPDATED: Thu., April 13, 2017

The contractor who illegally bulldozed a road through the middle of forested park land on High Drive Bluff told Spokane city officials he was working for Avista Utilities but instead had a verbal agreement to do the work for an organization pushing to build a new three-hole golf course.

News > Washington

Grain elevator collapses near Edwall, knocking out power to rural area west of Spokane

UPDATED: Thu., March 16, 2017

A grain elevator collapsed late Wednesday morning in Edwall causing a brief power surge and warping a section of BNSF Railway track.

News > Business

Avista loses bid to have 2016 rate hikes reconsidered by state regulators

UPDATED: Mon., Feb. 27, 2017

Avista has lost another round in its latest attempt to raise electric and natural gas rates. The Washington Utilities and Transportation Commission, which previously rejected the utility’s proposed increases, on Monday denied a request by Avista Utilities to reconsider.

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Avista Sale: What’s next?
Thu., July 20, 2017

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Washington Water Power’s history
Wed., July 19, 2017

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A brief history of Avista
Wed., July 19, 2017

Documents

WUTC rejection of application for Avista sale to Hydro One