Avista’s Profits Up 42%

Item: Avista’s profits up 42 percent /Becky Kramer, SR

More Info: Avista Corp.’s profits shot up 42 percent in 2013, following higher demand for heat and air-conditioning during a year that featured a colder-than-normal winter and a hot summer. The Spokane-based utility reported net income of $111.1 million for 2013, compared with income of $78.2 million in 2012. Rate increases for utility customers that took effect last year also helped Avista’s bottom line, company officials said.

Question: Aren’t you glad that you did your little part to increase Avista’s profits?