SPOKANE – On Friday afternoon, Avista announced it has made Purchased Gas Cost Adjustment (PGA) filings with the utility commissions in Washington and Idaho that, if approved, are designed to increase overall natural gas revenue 12.6% and 10.5%, respectively, effective July 1, 2022.
According to an April 29, 2022 press release, as the effects of inflation impact the entire country, the cost of doing business is going up for all companies and industries. The filing is an effort to incrementally align customers’ rates with the market conditions. Despite the proposed increases, Avista will not stand to make a profit from them, stating, “PGAs ensure customers pay what Avista pays, dollar for dollar, only at a more predictable and stable rate throughout the year.”
If approved, Washington residential natural gas customers using an average of 67 therms per month would see their monthly bills change from $64.86 to $72.66, an increase of $7.80 per month, or approximately 11.7%. Whereas, Idaho residential natural gas customers using an average of 63 therms per month would see their monthly bills change from $55.86 to $61.30, an increase of $5.44 per month, or approximately 9.7%.