Avista wants more moolah

Avista is seeking to increase rates for electric and natural gas service in order to recover expenses incurred in 2016.

The Idaho Public Utilities Commission reports that Avista said it under-collected the fixed costs of serving its Idaho customers by a combined $9.6 million in 2016. To recover those costs. Avista has asked the the Commission to approve a 3 percent increase to a billing mechanism known as the Fixed Cost Adjustment (FCA).

The adjustment allows Avista to recover the fixed costs it loses when energy sales decline due to decreased consumption among its customers, said a news release from the Commission/ Coeur d’Alene Press . More here.