Avista’s Cost Adjustments Slash Electric Rates by 5.5 Percent for Idaho Customers
The Idaho Public Utilities Commission approved changes to Avista Corporation’s annual rate adjustments that will lower residential electric bills by $4.85 per month, according to the agency’s Oct. 2 press release. The fixed cost adjustment, a mechanism that allows customers to receive a rebate when the utility’s revenue surpasses costs and incur a surcharge when…