Avista requested a decrease in natural gas rates for our customers in Oregon
November 12, 2018
LOCAL SPOTLIGHT
We know you care about your energy costs, so we think it’s important to share this news with you.

On Sept. 7, 2018, Avista filed an updated Purchased Gas Cost Adjustment (PGA) request with the Public Utility Commission of Oregon (PUC) asking for an overall decrease of 2.9 percent in natural gas rates.

If this decrease is approved, Avista’s natural gas revenues would decrease by approximately $2.7 million. PGAs are filed each year to balance the actual cost of wholesale natural gas purchased by Avista to serve customers with the amount included in rates. This includes the natural gas commodity cost as well as the cost to transport natural gas on interstate pipelines to Avista’s local distribution system. The primary drivers for the requested PGA rate reduction include continued low natural gas commodity costs due to the continued high production levels of natural gas and a reduction in the cost to transport natural gas to Avista’s distribution system. Avista’s request, if approved by the PUC, would go into effect on Nov. 1, 2018.

On July 27, 2018, Avista also proposed four other rate adjustments related to demandside management program funding, intervenor funding, recovering costs associated with residential bank fees and decoupling, which would also go into effect on Nov. 1, 2018, if approved. These filings have no impact on Avista’s earnings and are not related to the proposed acquisition of Avista by Hydro One.

The bottom line
If all requests, including the PGA, are approved and you are an Avista natural gas customer using an average of 47 therms per month, you could expect your bill to decrease by $4.56, or 8.3 percent, for a revised monthly bill of $50.33 beginning Nov. 1, 2018. All other customer groups receiving firm natural gas service from Avista would also see decreases.

For more information
Copies of our filings are available at www.myavista.com/rates, or you can review the filings by visiting our headquarters at: 1411 E. Mission, Spokane, WA 99202 (800) 227-9187

You can also view copies of the filing at one of our district offices located at:
580 Business Park Drive,
Medford, OR 97504

2825 Dakota Court,
Klamath Falls, OR 97603

10201 “F” Street,
La Grande, OR 97850

1404 Green Siding Road,
Roseburg, OR 97471

This announcement is to provide you with general information about Avista’s rate request and its effect on customers. The calculations and statements in this announcement are not binding on the PUC.
For more information about the filing or for information about the time and place of any hearing, contact the PUC at:
Public Utility Commission of Oregon
201 High Street SE, Ste. 100
Salem, OR 97301
(800) 522-2404,
www.puc.state.or.us

This notice contains forward-looking statements regarding the company’s current expectations. Forward-looking statements are all statements other than historical facts. Such statements speak only as of the date of the notice and are subject to a variety of risks and uncertainties, many of which are beyond the company’s control, which could cause actual results to differ materially from the expectations. These risks and uncertainties include, in addition to those discussed herein, all of the factors discussed in the company’s Annual Report on Form 10-K for the year ended Dec. 31, 2017 and the Quarterly Report on Form 10-Q for the quarter ended June 30, 2018.

LOCAL
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