Washington’s Utilities and Transportation Commission has approved, with conditions, a multi-party agreement in Avista’s electric rate case. The settlement agreement allows Avista to raise its monthly charge for residential service (Schedule 1) merely from $8 to $8.50. In its application (Docket UE-140188), filed in February 2014, Avista proposed raising the monthly charge for residential service (Schedule 1) from $8 to $15. The agreement also allows Avista to raise its monthly charge for general service (Schedule 11) from $15 to $18. In addition, the UTC’s order established a five-year decoupling mechanism for Avista’s electric customers.

Avista serves 237,000 electric customers in Washington.