Latest news with #Avista
Yahoo
08-07-2025
- Business
- Yahoo
Avista Corp. Second Quarter 2025 Earnings Conference Call and Webcast Announced
SPOKANE, Wash., July 08, 2025 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss second quarter 2025 results on Wednesday, Aug. 6, 2025, at 10:30 a.m. Eastern Daylight Time. A news release with second quarter 2025 earnings information will be issued at 7:05 a.m. Eastern Daylight Time on Aug. 6, 2025. This call can be accessed on Avista's website at You must pre-register for the call via the Presentations and Events link at Avista's website ( to access the call-in details for the webcast. A replay of the webcast will be available for one year on the Avista Corp. website at Avista Corp. is an energy company involved in the production, transmission and distribution of energy as well as other energy-related businesses. Avista Utilities is the operating division that provides electric service to 422,000 customers and natural gas to 383,000 customers. Its service territory covers 30,000 square miles in eastern Washington, northern Idaho and parts of southern and eastern Oregon, with a population of 1.7 million. Alaska Energy and Resources Company is an Avista subsidiary that provides retail electric service to 18,000 customers in the city and borough of Juneau, Alaska, through its subsidiary Alaska Electric Light and Power Company. Avista stock is traded under the ticker symbol "AVA." For more information about Avista, please visit Avista Corp. and the Avista Corp. logo are trademarks of Avista Corporation. To unsubscribe from Avista's news release distribution, send reply message to Contact: Media: Avista 24/7 Media Access (509) 495-4174 Lena Funston (509) 495-8090, Investors: Stacey Walters (509) 495-2046, Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
Yahoo
10-06-2025
- Business
- Yahoo
Avista reaches all-party, all issues settlement in Idaho general rate cases
If approved, new rates would take effect beginning Sept. 2025 and Sept. 2026 SPOKANE, Wash., June 09, 2025 (GLOBE NEWSWIRE) -- Avista (NYSE: AVA), the Staff of the Idaho Public Utilities Commission, Clearwater Paper Corporation, Idaho Forest Group, LLC and Walmart Inc., parties to the Company's electric and natural gas general rate cases, have reached a settlement agreement that has been submitted to the Idaho Public Utilities Commission for its consideration, and which would resolve all issues in the proceeding. If approved, the settlement agreement is designed to increase annual base electric revenues by $19.5 million or 6.3%, effective Sept. 1, 2025, and by $14.7 million or 4.5%, effective Sept. 1, 2026. For natural gas, the settlement agreement is designed to increase annual base natural gas revenues by $4.6 million or 9.2%, effective Sept. 1, 2025, and reduce base revenues by $0.2 million or 0.4%, effective Sept. 1, 2026. The settlement capital structure includes a 9.6% return on equity (ROE) with a common equity ratio of 50% and a rate of return (ROR) on rate base of 7.28%. 'This settlement agreement will provide new rates in Idaho that are fair and reasonable for our customers, the Company, and our shareholders,' said Heather Rosentrater, Avista President and CEO. 'This is a constructive outcome. Our customers will benefit from longer recovery periods for certain deferred costs, which mitigates the bill impact of improved recovery of our costs to serve our customers. This agreement provides us with the opportunity to earn a fair return in Idaho while we invest in and maintain our infrastructure so we can continue to provide the reliable energy our customers expect.' Residential Customer BillsIf the settlement is approved, a residential electric customer using an average of 939 kilowatt hours per month would see a 6.7% billed increase of $6.95 per month for a revised monthly bill of $111.25 effective Sept. 1, 2025, and a 4.7% billed increase of $5.22 per month for a revised monthly bill of $116.47 effective Sept. 1, 2026. A residential natural gas customer using an average of 66 therms per month would see a billed 6.8% increase of $4.11 per month for a revised monthly bill of $64.74 effective Sept. 1, 2025, and no rate change effective Sept. 1, 2026. 2025 & 2026 Electric Revenue Impact by Rate Schedule Rate Schedule Description 2025 Billing Change 2026 Billing Change Residential Service Schedule 1 6.7% 4.7% General Service Schedules 11 & 12 6.7% 4.8% Large General Service Schedules 21 & 22 8.0% 5.6% Extra Large General Service Schedule 25 6.5% 4.6% Extra Large General Service 25P Schedule 25P 1.6% 1.2% Pumping Service Schedules 31 & 32 8.0% 5.6% Street & Area Lights Schedules 41 - 49 4.6% 3.3% Total 6.6% 4.6% 2025 & 2026 Natural Gas Revenue Impact by Rate Schedule Rate Schedule Description 2025 Billing Change 2026 Billing Change General Service Schedule 101 6.7% 0.0% Large General Service Schedules 111 & 112 0.0% - 1.1% Interruptible Service Schedules 131 & 132 0.0% 0.0% Transportation Service Schedule 146 0.0% - 2.6% Total 5.4% - 0.2% The actual percentage rate change will vary by customer rate schedule and will depend on how much energy a customer uses. Avista serves more than 145,000 electric and 93,000 natural gas customers in Idaho. Avista's Original RequestAvista's original request was designed to increase annual base revenues by $43.0 million (or 14.4% on a billed basis) effective on Sept. 1, 2025, and $17.7 million (or 5.2% on a billed basis) effective on Sept. 1, 2026. For natural gas, the rate request was designed to increase annual revenues by $8.8 million (or 10.3% on a billed basis) effective on Sept. 1, 2025, and $1.0 million (or 1.0% on a billed basis) effective on Sept. 1, 2026. The electric and natural gas requests were based on a proposed rate of return (ROR) on rate base of 7.68% with a common equity ratio of 50% and a 10.4% return on equity (ROE). Customer ResourcesTo assist customers in managing their energy bills, Avista offers services for customers such as comfort level billing, payment arrangements and Customer Assistance Referral and Evaluation Services (CARES), which provide assistance to medically vulnerable customers through referrals to area agencies and churches for help with housing, utilities, medical assistance and other needs. Avista provides energy efficiency and outreach programs that include rebates and incentives as well as tips and resources to help customers manage their energy use and energy bills. Customers can learn more at About Avista Corp. Avista Corp. is an energy company involved in the production, transmission and distribution of energy as well as other energy-related businesses. Avista Utilities is our operating division that provides electric service to 422,000 customers and natural gas to 383,000 customers. Our service territory covers 30,000 square miles in eastern Washington, northern Idaho and parts of southern and eastern Oregon, with a population of 1.7 million. AERC is an Avista subsidiary that, through its subsidiary AEL&P, provides retail electric service to 18,000 customers in the city and borough of Juneau, Alaska. Our stock is traded under the ticker symbol 'AVA'. For more information about Avista, please visit This news release contains forward-looking statements regarding the company's current expectations. Forward-looking statements are all statements other than historical facts. Such statements speak only as of the date of the news release and are subject to a variety of risks and uncertainties, many of which are beyond the company's control, which could cause actual results to differ materially from the expectations. These risks and uncertainties include, in addition to those discussed herein, all of the factors discussed in the company's Annual Report on Form 10-K for the year ended Dec. 31, 2024 and the Quarterly Report on Form 10-Q for the quarter ended March 31, 2025. SOURCE: Avista Corporation -2516- Contact:Media: Lena Funston (509) 495-8090, Stacey Walters (509) 495-2046, Avista 24/7 Media Access (509) 495-4174
Yahoo
09-06-2025
- Business
- Yahoo
Avista reaches all-party, all issues settlement in Idaho general rate cases
If approved, new rates would take effect beginning Sept. 2025 and Sept. 2026 SPOKANE, Wash., June 09, 2025 (GLOBE NEWSWIRE) -- Avista (NYSE: AVA), the Staff of the Idaho Public Utilities Commission, Clearwater Paper Corporation, Idaho Forest Group, LLC and Walmart Inc., parties to the Company's electric and natural gas general rate cases, have reached a settlement agreement that has been submitted to the Idaho Public Utilities Commission for its consideration, and which would resolve all issues in the proceeding. If approved, the settlement agreement is designed to increase annual base electric revenues by $19.5 million or 6.3%, effective Sept. 1, 2025, and by $14.7 million or 4.5%, effective Sept. 1, 2026. For natural gas, the settlement agreement is designed to increase annual base natural gas revenues by $4.6 million or 9.2%, effective Sept. 1, 2025, and reduce base revenues by $0.2 million or 0.4%, effective Sept. 1, 2026. The settlement capital structure includes a 9.6% return on equity (ROE) with a common equity ratio of 50% and a rate of return (ROR) on rate base of 7.28%. 'This settlement agreement will provide new rates in Idaho that are fair and reasonable for our customers, the Company, and our shareholders,' said Heather Rosentrater, Avista President and CEO. 'This is a constructive outcome. Our customers will benefit from longer recovery periods for certain deferred costs, which mitigates the bill impact of improved recovery of our costs to serve our customers. This agreement provides us with the opportunity to earn a fair return in Idaho while we invest in and maintain our infrastructure so we can continue to provide the reliable energy our customers expect.' Residential Customer BillsIf the settlement is approved, a residential electric customer using an average of 939 kilowatt hours per month would see a 6.7% billed increase of $6.95 per month for a revised monthly bill of $111.25 effective Sept. 1, 2025, and a 4.7% billed increase of $5.22 per month for a revised monthly bill of $116.47 effective Sept. 1, 2026. A residential natural gas customer using an average of 66 therms per month would see a billed 6.8% increase of $4.11 per month for a revised monthly bill of $64.74 effective Sept. 1, 2025, and no rate change effective Sept. 1, 2026. 2025 & 2026 Electric Revenue Impact by Rate Schedule Rate Schedule Description 2025 Billing Change 2026 Billing Change Residential Service Schedule 1 6.7% 4.7% General Service Schedules 11 & 12 6.7% 4.8% Large General Service Schedules 21 & 22 8.0% 5.6% Extra Large General Service Schedule 25 6.5% 4.6% Extra Large General Service 25P Schedule 25P 1.6% 1.2% Pumping Service Schedules 31 & 32 8.0% 5.6% Street & Area Lights Schedules 41 - 49 4.6% 3.3% Total 6.6% 4.6% 2025 & 2026 Natural Gas Revenue Impact by Rate Schedule Rate Schedule Description 2025 Billing Change 2026 Billing Change General Service Schedule 101 6.7% 0.0% Large General Service Schedules 111 & 112 0.0% - 1.1% Interruptible Service Schedules 131 & 132 0.0% 0.0% Transportation Service Schedule 146 0.0% - 2.6% Total 5.4% - 0.2% The actual percentage rate change will vary by customer rate schedule and will depend on how much energy a customer uses. Avista serves more than 145,000 electric and 93,000 natural gas customers in Idaho. Avista's Original RequestAvista's original request was designed to increase annual base revenues by $43.0 million (or 14.4% on a billed basis) effective on Sept. 1, 2025, and $17.7 million (or 5.2% on a billed basis) effective on Sept. 1, 2026. For natural gas, the rate request was designed to increase annual revenues by $8.8 million (or 10.3% on a billed basis) effective on Sept. 1, 2025, and $1.0 million (or 1.0% on a billed basis) effective on Sept. 1, 2026. The electric and natural gas requests were based on a proposed rate of return (ROR) on rate base of 7.68% with a common equity ratio of 50% and a 10.4% return on equity (ROE). Customer ResourcesTo assist customers in managing their energy bills, Avista offers services for customers such as comfort level billing, payment arrangements and Customer Assistance Referral and Evaluation Services (CARES), which provide assistance to medically vulnerable customers through referrals to area agencies and churches for help with housing, utilities, medical assistance and other needs. Avista provides energy efficiency and outreach programs that include rebates and incentives as well as tips and resources to help customers manage their energy use and energy bills. Customers can learn more at About Avista Corp. Avista Corp. is an energy company involved in the production, transmission and distribution of energy as well as other energy-related businesses. Avista Utilities is our operating division that provides electric service to 422,000 customers and natural gas to 383,000 customers. Our service territory covers 30,000 square miles in eastern Washington, northern Idaho and parts of southern and eastern Oregon, with a population of 1.7 million. AERC is an Avista subsidiary that, through its subsidiary AEL&P, provides retail electric service to 18,000 customers in the city and borough of Juneau, Alaska. Our stock is traded under the ticker symbol 'AVA'. For more information about Avista, please visit This news release contains forward-looking statements regarding the company's current expectations. Forward-looking statements are all statements other than historical facts. Such statements speak only as of the date of the news release and are subject to a variety of risks and uncertainties, many of which are beyond the company's control, which could cause actual results to differ materially from the expectations. These risks and uncertainties include, in addition to those discussed herein, all of the factors discussed in the company's Annual Report on Form 10-K for the year ended Dec. 31, 2024 and the Quarterly Report on Form 10-Q for the quarter ended March 31, 2025. SOURCE: Avista Corporation -2516- Contact:Media: Lena Funston (509) 495-8090, Stacey Walters (509) 495-2046, Avista 24/7 Media Access (509) 495-4174
Yahoo
08-06-2025
- Business
- Yahoo
Looking For Yields: Avista, Agree Realty And WEC Energy Are Consistent Moneymakers
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Avista, Agree Realty, and WEC Energy have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of around 3% to 5%. Avista Corp. (NYSE:AVA) is an electric and natural gas utility company in the U.S. Avista has increased its dividends every year for the last 22 years. In its most recent dividend hike announcement on Feb. 12, the board raised the quarterly payout from $0.475 to $0.49 per share, equal to an annual figure of $1.96 per share. More recently, in its dividend announcement on May 1, the company maintained the payout at the same level. Currently, the dividend yield on the stock is 5.11%. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Invest Where It Hurts — And Help Millions Heal: The company's annual revenue as of March 31 stood at $1.95 billion. In its Q1 2025 earnings release on May 7, Avista posted revenues of $617 million, missing the consensus estimate of $636.29 million, while EPS of $0.98 was in line with expectations. Agree Realty Corp. (NYSE:ADC) is a real estate investment trust that acquires and develops properties net leased to industry-leading, omnichannel retail tenants. Agree Realty has raised its dividends consecutively for the last 12 years. As per its most recent dividend hike announcement on April 10, it increased the monthly payout from $0.253 to $0.256 per share, equaling an annual figure of $3.072 per share. More recently, in its dividend announcement on May 13, the company maintained the payout at the same level. The current dividend yield is 4.07%. Agree Realty's annual revenue as of March 31 stood at $636.80 million. In its most recent earnings release on April 22, the company posted Q1 2025 revenues of $169.16 million and AFFO of $1.06, both beating the consensus estimates. Check out this article by Benzinga for eight analysts' insights on Agree Realty. Trending: Maximize saving for your retirement and cut down on taxes: . WEC Energy Group (NYSE:WEC) provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the U.S. The company has increased its dividends every year for the last 22 years. In its most recent dividend hike announcement on Jan. 16, the company's board raised the quarterly payout by 6.90% to $0.8925 per share, equal to an annual figure of $3.57 per share. More recently, in its dividend announcement on April 17, the company maintained the payout at the same level. The dividend yield on the stock currently stands at 3.33%. WEC Energy Group's annual revenue as of March 31 stood at $9.07 billion. In its Q1 2025 earnings release on May 6, the company posted revenues of $3.15 billion and EPS of $2.27, both coming in above the consensus estimates. Avista, Agree Realty, and WEC Energy are good choices for investors seeking reliable passive income. Their dividend yields of around 3% to 5% and long history of consistent hikes make them attractive to income-focused investors. Check out this article by Benzinga for three more stocks offering high dividend yields. Read Next: If there was a new fund backed by Jeff Bezos offering a ? , which provides access to a pool of short-term loans backed by residential real estate with just a $100 minimum. Image: Shutterstock This article Looking For Yields: Avista, Agree Realty And WEC Energy Are Consistent Moneymakers originally appeared on
Business Insider
07-06-2025
- Business
- Business Insider
Jefferies Sticks to Their Hold Rating for Avista (AVA)
Jefferies analyst Julien Dumoulin Smith maintained a Hold rating on Avista (AVA – Research Report) today and set a price target of $40.00. The company's shares opened today at $37.14. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Dumoulin Smith covers the Utilities sector, focusing on stocks such as NRG Energy, Centerpoint Energy, and Hawaiian Electric. According to TipRanks, Dumoulin Smith has an average return of 3.8% and a 53.62% success rate on recommended stocks. Avista has an analyst consensus of Moderate Sell, with a price target consensus of $41.00. The company has a one-year high of $43.09 and a one-year low of $33.45. Currently, Avista has an average volume of 885K. Based on the recent corporate insider activity of 80 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AVA in relation to earlier this year. Most recently, in March 2025, Bryan Alden Cox, the SVP of AVA sold 3,322.00 shares for a total of $129,890.20.
