AVISTA CORP (AVA) Avista Corporation operates as an energy utility, conducting business through its various subsidiaries. Its operations are divided into two primary segments: Avista Utilities and AEL&P. The Avista Utilities division is responsible for electric distribution and transmission, as well as natural gas distribution services, across parts of eastern Washington and northern Idaho. It also delivers natural gas services to areas of northeastern and southwestern Oregon. Additionally, this segment generates electricity in Washington, Idaho, Oregon, and Montana, and engages in the wholesale buying and selling of electricity and natural gas. The AEL&P segment, conversely, supplies electrical services to approximately 17,400 customers located in the city and borough of Juneau, Alaska. The company generates its electricity from hydroelectric, thermal, and wind power sources. As of February 23, 2022, Avista was serving 406,000 electric customers and 372,000 natural gas customers. Beyond its core utility business, the company also makes investments in venture funds, real estate, and other diverse ventures. Avista Corporation was established in 1889 and is headquartered in Spokane, Washington.
Sector: Electric & Other Services Combined
Industry: Diversified Utilities
Avista Corporation NYSE:AVA Utilities · Diversified Utilities
Mkt Cap $3.12B
Div Yield 5.28%
AH Close $37.23 +0.00% vs close
AH Close $37.23 +0.00% vs close
Mkt Cap $3.12B
Div Yield 5.28%
All Press Release SEC Filings News
Press Release
Avista Corp. Third Quarter 2026 Earnings Conference Call and Webcast Announced
Avista Corp. will hold its third quarter 2026 earnings conference call and webcast on Wednesday, Nov. 4, 2026, at 10:30 a.m. Eastern Daylight Time.
The Q3 2026 earnings news release will be issued at 7:05 a.m. Eastern the same day; participants must pre-register via Avista's investor relations website.
This is a scheduling announcement only, with no financial results included.
• 20d ago AI analysis › Press Release
Avista Makes Annual Price Adjustment Requests in Washington
Avista filed annual price adjustment requests with the Washington Utilities and Transportation Commission to true-up customer rates with actual incurred costs.
The company requests an 11.5% decrease in natural gas rates, largely driven by the Climate Commitment Act and lower wholesale gas prices, while electric rates would remain nearly unchanged with a 0.01% decrease.
If approved, the average residential natural gas bill would drop by $7.38 to $88.80, and the average residential electric bill would decrease by approximately $0.05.
• 1mo ago AI analysis › SEC Filing
AVA: 8-K · amendment
Avista Corporation's board of directors amended the company's bylaws on August 17, 2026, raising the maximum age at which a director can be elected or re-elected from 72 to 75 years.
The change modifies Article III, Section 2 of the bylaws and was disclosed under Item 5.03 of an 8-K filed August 19, 2026, with the complete amended bylaws attached as Exhibit 3.2 and signed by the Chief Ethics/Compliance Officer.
The amendment is a routine governance adjustment with no financial or operational impact, modestly extending director tenure flexibility for Avista (NYSE: AVA), a regulated electric and natural gas utility headquartered in Spokane, Washington with a board capped at eleven members.
SEC 8-K • 2mo ago Press Release
Avista Announces New Vice President Appointments
Avista promoted Alicia Gibbs to Vice President, Growth, Innovation and Strategy and Patrick Ehrbar to Vice President, Regulatory Affairs, effective October 1.
These internal moves support a planned succession strategy as Senior Vice President Jason Thackston prepares to retire at the end of 2026.
Gibbs joined the company in 2009, while Ehrbar has been with Avista since 1998, bringing extensive experience in strategy and regulatory affairs.
• 2mo ago AI analysis › Press Release
Avista Corp. Board Declares Common Stock Dividend
Avista Corp. declared a quarterly dividend of $0.4925 per share, payable September 14, 2026, to shareholders of record on August 18.
The annualized dividend yield is $1.97, consistent with the board's regular review of financial results and business conditions.
Avista Utilities serves approximately 429,000 electric and 386,000 natural gas customers across the Pacific Northwest and Alaska.
• 2mo ago AI analysis › Press Release ⚠ 2
Avista Corp. Reports Q2 2026 Financial Results, Confirms 2026 Utility Earnings Guidance
Avista reported Q2 GAAP net income of $35 million, or $0.43 per share, up from $14 million in the prior year, driven largely by investment gains compared to prior-year losses.
Non-GAAP utility earnings for the quarter were flat at $23 million, or $0.29 per share, while year-to-date utility earnings rose to $114 million from $105 million.
The company confirmed its 2026 non-GAAP utility earnings guidance range of $2.52 to $2.72 per share but noted it is evaluating the need for up to $100 million in additional short-term liquidity by year-end.
• 2mo ago AI analysis › SEC Filing ⚠ 3
AVA: 10-Q · periodic report
Avista reported net income of $127 million for the six months ended June 30, 2026, up from $93 million in the prior year period, primarily due to a $22 million gain from equity method investments and benefits from general rate cases. Earnings per share rose to $1.54 compared to $1.15 a year ago. Operating revenues decreased to $983 million from $1.028 billion, driven by milder weather, lower wholesale prices, and the departure of a large industrial customer, which offset higher retail rates.
The company strengthened its balance sheet by issuing $160 million in long-term debt and $58 million in common stock through at-the-market transactions during the first half of the year. Capital expenditures totaled $326 million, up from $246 million in the prior year, supporting utility infrastructure investments.
Management noted that despite solid operating cash flow, it is evaluating the need for up to $100 million in additional short-term liquidity by the end of 2026 due to increased regulatory deferrals and delayed recovery. The company also settled a lawsuit related to a 2021 natural gas incident in Rathdrum, Idaho for $1.3 million.
SEC 10-Q • 2mo ago AI analysis › Press Release
Avista Makes Annual Price Adjustment Filings in Idaho
Avista filed annual price adjustment filings with the Idaho Public Utilities Commission, stating the requests are true-ups of actual costs with no impact on earnings.
The filings seek to increase overall electric revenue by 5.3% and decrease natural gas revenue by 1.8% starting late 2026.
Residential electric customers would see an average bill increase of 6.5%, while residential natural gas customers would see a 1.5% decrease.
• 2mo ago AI analysis › Press Release
Avista Corp. Second Quarter 2026 Earnings Conference Call and Webcast Announced
Avista Corp. scheduled its second quarter 2026 earnings conference call for Aug. 3, 2026, at 10:30 a.m. ET.
The company will release its Q2 2026 financial results at 7:05 a.m. ET on the same day.
Investors must pre-register via the company's website to access the call-in details for the webcast.
• 3mo ago AI analysis › Press Release ⚠ 2
Avista pauses processing of energy service request from 500 MW data center developer while seeking broader policy and community alignment
Avista has paused negotiations for energy service to a potential 500 MW data center developer.
The pause follows community concerns and a need for broader coordination with governmental agencies and stakeholders regarding the Memorandum of Understanding.
CEO Heather Rosentrater emphasized that existing customers will not bear the costs of new large loads and that regulatory approval remains required before any service begins.
• 4mo ago AI analysis › SEC Filing ⚠ 3
AVA: 8-K · material agreement
Avista Corporation entered into a non-binding memorandum of understanding with a developer in its Washington service territory to support a large-load electric service project. The customer is seeking an initial load demand of 125 megawatts starting in 2029, with a pathway to expand to 500 megawatts by 2032.
The next steps involve negotiating an Engineering and Procurement Contract and an Energy Services Agreement, which requires approval from the Washington Utilities and Transportation Commission. Avista stated that affordability will remain a critical focus, with the project structure intended to provide net benefits to existing customers while supporting regional economic development.
SEC 8-K • 4mo ago Press Release
Region’s first microgrid begins operations at Spokane community center
Avista Utilities has launched the region’s first community-based microgrid at the Dr. Martin Luther King Jr. Family Outreach Center in Spokane, enhancing the center's reliability during power outages.
The microgrid integrates solar power, battery storage, and natural gas, providing the MLK Center with additional energy sources and reducing its standard energy bill.
The project was funded through Avista’s Named Communities Investment Fund and support from the Washington State Department of Commerce, aligning with Avista's commitment to clean energy and community support.
• 5mo ago AI analysis › Press Release
Avista Corp. Reports Q1 2026 Financial Results, Confirms 2026 Utility Earnings Guidance
Avista reported Q1 2026 GAAP net income of $92 million, or $1.11 per share, up from $0.98 per share in the prior year, driven by utility margin growth and investment gains.
The company confirmed its 2026 non-GAAP utility earnings guidance range of $2.52 to $2.72 per share, underpinned by $615 million in planned capital expenditures.
Management noted strong operational execution and expressed confidence in meeting full-year targets while investing in long-term system reliability.
• 5mo ago AI analysis ›