Electric and gas rates to rise

Avista has announced that a full settlement agreement has been reached in its Washington electric and natural gas rate case.

The company filed a general rate request February 4, 2014 to increase electric and natural gas base rates in Washington that would support the ongoing need to expand and replace the facilities and equipment used every day to serve customers. This settlement agreement would conclude the rate case and support these efforts. It is the result of all parties working together to agree on a settlement that is beneficial for the customers and Avista.

What does this mean?

If appr...