reports
Avista Corp. Reports Financial Results for the First Quarter of 2025, ...
Avista Corp. Reports Financial Results for the First Quarter of 2025, Confirms 2025 Earnings Guidance SPOKANE, Wash., May 07, 2025 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today announced financial results for the first quarter of 2025. Net income and earnings per diluted share for the first quarter of 2025 compared to the first quarter of 2024 are presented in the table below (dollars in millions, except per-share data): 2025 2024 Net Income (Loss) by: Reportable Segments Avista Utilities $78 $67 AEL&P 4 4 Other non-reportable segment loss (3) — Total net income $7...
Avista Corp. Board Declares Common Stock Dividend
Avista Corp. Board Declares Common Stock Dividend SPOKANE, Wash., May 01, 2025 (GLOBE NEWSWIRE) -- (NYSE: AVA) board of directors has declared a quarterly dividend of $0.49 per share on the company’s common stock. The common stock dividend is payable June 13, 2025, to shareholders of record at the close of business on May 13, 2025. The declaration of dividends is at the sole discretion of the board of directors. The board considers the level of dividends on a regular basis, taking into account numerous factors, including financial results, business strategies, and economic and competiti...
Avista Foundation awards 58 grants supporting health and human service...
Avista Foundation awards 58 grants supporting health and human services So far this year, the Avista Foundation has awarded over $316,000 to support local communities. SPOKANE, Wash., April 21, 2025 (GLOBE NEWSWIRE) -- In its first quarter, the Avista Foundation awarded $316,250 in grants to 58 nonprofit organizations across Washington, Idaho, Oregon, Alaska, and Montana to support health and human services. “Everyone deserves the opportunity to lead a healthy life. And these community partners are working to make that possible by offering essential support, from healthcare to social s...
Avista Corp. First Quarter 2025 Earnings Conference Call and Webcast A...
Avista Corp. First Quarter 2025 Earnings Conference Call and Webcast Announced SPOKANE, Wash., April 09, 2025 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss first quarter 2025 results on Wednesday, May 7, 2025, at 12:30 p.m. Eastern Daylight Time. A news release with first quarter 2025 earnings information will be issued at 7:05 a.m. Eastern Daylight Time on May 7, 2025. This call can be accessed on Avista’s website at . You must pre-register for the call via the Presentations and Events link at Avista’s website () to acc...
Avista files 2025 Natural Gas Integrated Resource Plan
Avista files 2025 Natural Gas Integrated Resource Plan Plan provides a roadmap for customers’ future energy needs SPOKANE, Wash., March 31, 2025 (GLOBE NEWSWIRE) -- Avista has filed its 2025 Natural Gas Integrated Resource Plan (IRP) with state regulators in Washington, Idaho, and Oregon. This plan outlines a preferred resource portfolio which is designed to meet the forecast for system energy demand and comply with emissions legislation over the next twenty years. Submitted biennially to public utility commissions in all three states, the IRP is a thoroughly researched, data-dri...
Avista Makes Price Adjustment Request in Washington
Avista Makes Price Adjustment Request in Washington Overall change in electric prices would be effective July 1, 2025 SPOKANE, Wash., March 31, 2025 (GLOBE NEWSWIRE) -- Avista (NYSE: AVA) has made a filing with the Washington Utilities and Transportation Commission (Commission or WUTC) that, if approved, will result in an increase of $15.3 million, or 2.1 percent, in electric rates in Washington, effective July 1, 2025. The request reflects a rate adjustment to recover from customers certain deferred power supply costs tracked in the Company’s Energy Recovery Mechanism (ERM)....
Avista reaches all-party, all issues settlement in Oregon general rate...
Avista reaches all-party, all issues settlement in Oregon general rate case If approved, new rates would take effect beginning September 1, 2025 SPOKANE, Wash., March 28, 2025 (GLOBE NEWSWIRE) -- Avista (NYSE: AVA), the Staff of the Public Utility Commission of Oregon (Commission), the Oregon Citizens’ Utility Board (“CUB”), Alliance of Western Energy Consumers (“AWEC”), and the joint intervenor Climate Solutions/Green Energy Institute at Lewis & Clark Law School, parties to the Company’s natural gas general rate case, have reached a settlement agreement that has been submitted to the C...
Avista Corp. Reports 2024 Results and Initiates 2025 Earnings Guidance
Avista Corp. Reports 2024 Results and Initiates 2025 Earnings Guidance Consolidated earnings per diluted share of $2.29 for the full year of 2024Initiated consolidated guidance of $2.52 to $2.72 per share for 2025 SPOKANE, Wash., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today announced financial results for 2024. Net income and earnings per diluted share for the fourth quarter and the year ended Dec. 31, 2024 compared to the same periods in 2023 are presented in the table below (dollars in millions, except per-share data): Fourth Quarter Year-to-Date 2...
Avista Corp. Board Increases Common Stock Dividend
Avista Corp. Board Increases Common Stock Dividend SPOKANE, Wash., Feb. 12, 2025 (GLOBE NEWSWIRE) -- (NYSE: AVA) board of directors has declared a quarterly dividend of $0.49 per share on the company’s common stock, an increase of $0.015 per share, yielding an annualized dividend of $1.96. The common stock dividend is payable March 14, 2025, to shareholders of record at the close of business on February 26, 2025. “For twenty-three consecutive years, the board of directors has raised the dividend for our shareholders. I believe it demonstrates the board’s commitment to maximizing shareho...
Avista files multi-year electric and natural gas rate plan in Idaho
Avista files multi-year electric and natural gas rate plan in Idaho Company’s filing seeks to recover infrastructure investments and expenses necessary to serve customers SPOKANE, Wash., Jan. 31, 2025 (GLOBE NEWSWIRE) -- Today, Avista (NYSE: AVA) has filed a multi-year rate plan with the Idaho Public Utilities Commission (IPUC or Commission) that would allow the Company to recover costs for fixed expenses and ongoing investments to infrastructure, technology and more. If approved, new rates would be effective in Sept. 2025 and Sept. 2026. “The cost of delivering safe and reliable ener...
Avista Foundation Announces Competitive Grants Year-End Total and Four...
Avista Foundation Announces Competitive Grants Year-End Total and Fourth Quarter Awards SPOKANE, Wash., Jan. 30, 2025 (GLOBE NEWSWIRE) -- In its fourth quarter of 2024, the Avista Foundation awarded $54,650 to 21 nonprofit organizations in Washington, Idaho, Oregon, and Alaska to support environmental initiatives, as well as arts and culture efforts. The competitive grant program awarded a total of $563,285 to 125 non-profit organizations within Avista’s service area in 2024. This funding is part of the Avista Foundation’s broader philanthropic efforts, which also include employee giving...
Avista Corp. Fourth Quarter 2024 Earnings Conference Call and Webcast ...
Avista Corp. Fourth Quarter 2024 Earnings Conference Call and Webcast Announced SPOKANE, Wash., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss fourth quarter 2024 results on Wednesday, February 26, 2025, at 10:30 a.m. Eastern Standard Time. A news release with fourth quarter 2024 earnings information will be issued at 7:05 a.m. Eastern Standard Time on February 26, 2025. This call can be accessed on Avista’s website at . You must pre-register for the call via the Presentations and Events link at Av...
Avista submits 2025 Electric Integrated Resource Plan
Avista submits 2025 Electric Integrated Resource Plan Will issue Request for Proposals (RFP) to ensure reliable service in the future SPOKANE, Wash., Jan. 02, 2025 (GLOBE NEWSWIRE) -- , an operating division of (NYSE: AVA), has filed its 2025 Electric Integrated Resource Plan (IRP) with the Washington Utilities and Transportation Commission and the Idaho Public Utilities Commission. Avista produces an electric IRP every two years detailing projected growth in electricity demand and the new resources needed to serve customers over the next 20 years. The electric IRP balances resource...
Avista Posts Updated Corporate Responsibility Report
Avista Posts Updated Corporate Responsibility Report The latest environmental, social and governance (ESG) information can be found at . SPOKANE, Wash., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Today, Avista (NYSE: AVA) published its latest Corporate Responsibility report and other environmental, social and governance (ESG) information on its corporate website, . The content reports on Avista’s operations and includes commitments in four areas: environment, people, customers and communities, and ethical governance. The latest report includes progress updates regarding Avista’s aspirational goa...
Avista Receives Commission Decision in Washington General Rate Cases
Avista Receives Commission Decision in Washington General Rate Cases Company pleased with the fair and balanced decision for the Company and its customers SPOKANE, Wash., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Avista's (NYSE: AVA) electric and natural gas general rate cases filed in January 2024 have concluded, with an order from the Washington Utilities and Transportation Commission (Commission) approving a two-year rate plan that will change electric and natural gas rates, beginning Jan. 1, 2025, and Jan. 1, 2026. For electric operations, the Commission approved rates designed to provide ...
Avista Corp. Board Declares Common Stock Dividend
Avista Corp. Board Declares Common Stock Dividend SPOKANE, Wash., Nov. 14, 2024 (GLOBE NEWSWIRE) -- (NYSE: AVA) board of directors has declared a quarterly dividend of $0.475 per share on the company’s common stock. The common stock dividend is payable December 13, 2024, to shareholders of record at the close of business on November 26, 2024. The declaration of dividends is at the sole discretion of the board of directors. The board considers the level of dividends on a regular basis, taking into account numerous factors, including financial results, business strategies, and economic an...
Avista Corp. Reports Financial Results for the Third Quarter of 2024
Avista Corp. Reports Financial Results for the Third Quarter of 2024 Quarterly results demonstrate continued improvement at core utility from 2023Expect to be at the low end of Avista Utilities guidance rangeLowering earnings guidance for our other businesses due to lower than expected investment valuations SPOKANE, Wash., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today announced financial results for the third quarter of 2024. Net income and earnings per diluted share for the third quarter and year-to-date 2024 compared to the same periods in 2023 are presented in the t...
Avista joins PGE, Grid United and ALLETE in 3,000 megawatt east-west t...
Avista joins PGE, Grid United and ALLETE in 3,000 megawatt east-west transmission line North Plains Connector transmission line continues building momentum as Avista commits to nonbinding memorandum of understanding for a 10% ownership share that would provide Avista access to a new transmission corridor. SPOKANE, Wash., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Avista Corporation (NYSE: AVA) today signed a nonbinding memorandum of understanding with North Plains Connector LLC, a wholly owned entity of Grid United, in the development of the North Plains Connector, an approximately 420-mile high...
Avista requests recovery of costs for providing service in Oregon
Avista requests recovery of costs for providing service in Oregon Investments in infrastructure and increases in cost-of-service drive rate request SPOKANE, Wash., Nov. 01, 2024 (GLOBE NEWSWIRE) -- Today, Avista (NYSE: AVA) filed a request with the Public Utility Commission of Oregon (PUC) to increase natural gas base rates effective September 1, 2025. The proposal is designed to increase overall natural gas base revenue by approximately $7.8 million, or 6.6% on a billed basis, and is based on a proposed rate of return of 7.67% with a common equity ratio of 50% and a 10.4% retu...
Avista Foundation awards 27 grants to support local initiatives
Avista Foundation awards 27 grants to support local initiatives In 2024, the Avista Foundation has awarded more than $500,000 through its grant program SPOKANE, Wash., Oct. 29, 2024 (GLOBE NEWSWIRE) -- The Avista Foundation is awarding $122,750 in grants to 27 nonprofit organizations in Washington, Idaho, Oregon, and Alaska to support economic and community development. “With these contributions, the Avista Foundation is creating positive change, driving economic development, and enriching our communities,” said Dennis Vermillion, Avista CEO. The third-quarter grants support a diverse...
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