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Prepare to Pay More for Power

SPOKANE, WA-Avista Corp. intends to ask regulators in Washington and Idaho to OK an energy surcharge to electricity customers in both states. The surcharge is intended to offset the costs of a severe shortage of hydropower generation and volatile energy market prices.

By Gina Binole | Updated on July 18, 2001

SPOKANE, WA-Avista Corp., a locally-based energy, information and technology company, is seeking a rate hike to help its cash flow and offset costs it says have been increasing due to a volatile energy market.

The request is for a surcharge of 36.9 percent in Washington and 14.7 percent in Idaho. The proposed surcharge would be applied as a uniform percentage increase to the rates for all customer classes in each state.

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