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Avista request is greedy
Regarding the Avista rate increase: The rub here is that Avista impacts every consumer, liberal or conservative, without any representation to support the consumer.
The state regulators are a bad joke, approving more than 10 rate hike “requests” in the past 10 years, according to KREM 2 News. Profit is good, and I believe in capitalism, but I don’t readily support monopolies that take advantage of the necessities of life in a modern world.
Avista apparently never plans for any adverse contingency. Any weather that is outside the norm is an act of God that requires more money from its customers to keep its stockholders happy. Kind of reminds me of the European fiefdoms, and we’re the serfs. This is an act that places the needs, actually wants, of the stockholders well above the needs of the people who provide the profits for those stockholders.
That’s not very good business. That’s pure greed. Avista should be a PUD (public utilities district).
David Bray
Spokane