Brief: Avista receives approval of All-party, All-issues settlement in Oregon General Rate Case

Avista

27/10/2023 12:15

Oct 27 (Reuters) - Avista Corp  AVA.N :
    * AVISTA RECEIVES APPROVAL OF ALL-PARTY, ALL-ISSUES
SETTLEMENT IN
OREGON GENERAL RATE CASE
    * AVISTA CORP- APPROVED RATES ARE DESIGNED TO INCREASE
ANNUAL
NATURAL GAS REVENUES BY $7.16 MILLION OR 4.7%, EFFECTIVE JAN. 1,
2024.
    * AVISTA CORP- SETTLEMENT CAPITAL STRUCTURE INCLUDES A 9.5%
RETURN
ON EQUITY (ROE) WITH A COMMON EQUITY RATIO OF 50%
    * AVISTA CORP-  SETTLEMENT CAPITAL STRUCTURE INCLUDES A RATE
OF
RETURN (ROR) ON RATE BASE OF 7.235%

Source text for Eikon:  ID:nGNX210yCs 
Further company coverage:  AVA.N 

 ((Reuters.Briefs@thomsonreuters.com;))