Brian Russo

Sophie Karp

Anthony Crowdell

Brian Rousseau

Shahriar Pourreza

- Avista Utilities filed its **2025 Clean Energy Implementation Plan (CEIP)** with the Washington Utilities and Transportation Commission on **October 1, 2025**.  **[104918_c8ac592528a3468caaa9853e7b4758fc_0]** 
- The plan outlines Avista’s path toward a **carbon-neutral electricity supply by 2030** and **100% renewable or non-carbon emitting supply by 2045**.  **[104918_c8ac592528a3468caaa9853e7b4758fc_0]** 
- Key targets include increasing clean energy delivered to Washington customers from **66% in 2026 to 76.5% by 2029** and launching demand response programs to reduce electricity usage by up to **55 megawatts (MW)** during peak times between 2026 and 2029.  **[104918_c8ac592528a3468caaa9853e7b4758fc_0]** 
- The CEIP proposal is currently subject to public review and a decision by the Commission.  **[104918_c8ac592528a3468caaa9853e7b4758fc_1]**

Avista Files 2025 Clean Energy Implementation Plan

- **XiFin**, a company in which **Avista Healthcare Partners** is a majority investor, secured new growth capital investment led by Goldman Sachs External Investing Group and Avista Healthcare Partners.  **[104918_fd9dfa111ce44b928598123c9019e492_0]** 
- The new funding aims to accelerate the development of the **XiFin® Empower platform** and follows **19% year-over-year growth** for XiFin.  **[104918_fd9dfa111ce44b928598123c9019e492_0]** 
- **Jeffrey H. Margolis**, a visionary Health IT innovator, has joined **XiFin's Board of Directors**.  **[104918_fd9dfa111ce44b928598123c9019e492_0]** **[104918_fd9dfa111ce44b928598123c9019e492_1]**

Avista Healthcare Partners' Portfolio Company XiFin Secures Growth Funding and Appoints New Board Member

- On **August 29, 2025**, Avista filed annual rate adjustment requests with the Washington Utilities and Transportation Commission, proposing an overall **decrease in natural gas rates of 8.6%** and an overall **increase in electric rates of 1.7%**.  **[104918_2c462fa7159d4fc5b16ab837064ef024_0]** 
- For natural gas, key adjustments include a **$17.2 million (6.1%) decrease** from the Purchased Gas Cost Adjustment and a **$7.6 million (2.7%) decrease** related to the Climate Commitment Act.  **[104918_2c462fa7159d4fc5b16ab837064ef024_0]** 
- For electric, significant adjustments include a **$4.6 million (0.6%) increase** from the Residential Exchange Program and a **$6.7 million (0.9%) increase** for the Low Income Rate Assistance Program.  **[104918_2c462fa7159d4fc5b16ab837064ef024_0]** 
- If approved, average residential natural gas customers in Washington would see their monthly bills **decrease by $9.13 (9.5%)** to **$86.84**, while average residential electric customers would see their monthly bills **increase by $3.27 (2.6%)** to **$126.69**.  **[104918_2c462fa7159d4fc5b16ab837064ef024_3]**

Avista Files for Annual Rate Adjustments in Washington

- Avista received approval from the Idaho Public Utilities Commission for its electric and natural gas general rate cases settlement.  **[104918_381ffbf728c240aaa0caddbf03258b21_0]** 
- New electric rates will increase annual base revenues by **$19.5 million** (6.3%) effective September 1, 2025, and by **$14.7 million** (4.5%) effective September 1, 2026.  **[104918_381ffbf728c240aaa0caddbf03258b21_0]** 
- For natural gas, annual base revenues will increase by **$4.6 million** (9.2%) effective September 1, 2025, and then reduce by **$0.2 million** (0.4%) effective September 1, 2026.  **[104918_381ffbf728c240aaa0caddbf03258b21_0]** 
- The approved settlement includes a **9.6%** return on equity (ROE) with a **50%** common equity ratio and a **7.28%** rate of return (ROR) on rate base.  **[104918_381ffbf728c240aaa0caddbf03258b21_0]**

AVISTA (AVA)