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Midas Edge

AVISTA CORP

For the period ended Dec 31, 2023. Filed Feb 21, 2024.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 21, 2024

AVA$40.06-0.4%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Avista Utilities Operating Statistics

AVISTA UTILITIES ELECTRIC OPERATING STATISTICS

Years Ended December 31,
202320222021
ELECTRIC OPERATIONS
OPERATING REVENUES (Dollars in Thousands):
Residential$425,258$414,823$394,717
Commercial343,523338,656326,173
Industrial109,689107,740106,756
Public street and highway lighting7,9767,4837,472
Total retail886,446868,702835,118
Wholesale249,847179,31689,768
Sales of fuel(25,926)84,25663,673
Other49,23546,31936,288
Alternative revenue programs12,419(31,844)(19,525)
Deferrals and amortizations for rate refunds to customers149741,730
Total electric operating revenues$1,172,170$1,146,823$1,007,052
ENERGY SALES (Thousands of MWhs):
Residential4,0204,1543,955
Commercial3,1603,2013,158
Industrial1,6711,6991,666
Public street and highway lighting171717
Total retail8,8689,0718,796
Wholesale3,4683,0942,461
Total electric energy sales12,33612,16511,257
ENERGY RESOURCES (Thousands of MWhs):
Hydro generation (from Company facilities)3,0243,9303,598
Thermal generation (from Company facilities)5,0844,0553,635
Purchased power5,1215,0654,954
Power exchanges(421)(385)(398)
Total power resources12,80812,66511,789
Energy losses and Company use(472)(500)(532)
Total energy resources (net of losses)12,33612,16511,257
NUMBER OF RETAIL CUSTOMERS (Average for Period):
Residential366,450361,564356,387
Commercial45,34144,55044,110
Industrial1,1881,1931,205
Public street and highway lighting690681666
Total electric retail customers413,669407,988402,368
RESIDENTIAL SERVICE AVERAGES:
Annual use per customer (KWh)10,97111,48711,098
Revenue per KWh (in cents)10.589.999.98
Annual revenue per customer$1,160$1,147$1,108
AVERAGE HOURLY LOAD (aMW)1,1151,1421,113

AVISTA UTILITIES ELECTRIC OPERATING STATISTICS

Years Ended December 31,
202320222021
RETAIL NATIVE LOAD at time of system peak (MW):
Winter1,7711,8601,696
Summer1,8091,8101,889
COOLING DEGREE DAYS: (1)
Spokane, WA
Actual811758946
Historical average585568546
% of average139%133%173%
HEATING DEGREE DAYS: (2)
Spokane, WA
Actual6,0126,8116,124
Historical average6,5576,5606,596
% of average92%104%93%

(1)

Cooling degree days are the measure of the warmness of weather experienced, based on the extent to which the average of high and low temperatures for a day exceeds 65 degrees Fahrenheit (annual degree days above historical average indicate warmer than average temperatures).

(2)

Heating degree days are the measure of the coldness of weather experienced, based on the extent to which the average of high and low temperatures for a day falls below 65 degrees Fahrenheit (annual degree days below historical averages indicate warmer than average temperatures).

AVISTA UTILITIES NATURAL GAS OPERATING STATISTICS

Years Ended December 31,
202320222021
NATURAL GAS OPERATIONS
OPERATING REVENUES (Dollars in Thousands):
Residential$325,631$284,452$221,405
Commercial164,048139,923100,819
Interruptible12,7476,4744,781
Industrial4,5683,9973,015
Total retail506,994434,846330,020
Wholesale55,295133,235113,277
Transportation8,1728,6278,547
Other6,7738,1567,325
Alternative revenue programs(7,520)(1,513)12,890
Deferrals and amortizations for rate refunds to customers8761341,254
Total natural gas operating revenues$570,590$583,485$473,313
THERMS DELIVERED (Thousands of Therms):
Residential225,665242,452219,835
Commercial138,719147,059130,399
Interruptible20,15814,16616,013
Industrial4,9145,6065,402
Total retail389,456409,283371,649
Wholesale262,188280,154356,891
Transportation165,066171,785172,260
Interdepartmental and Company use413618479
Total therms delivered817,123861,840901,279
NUMBER OF RETAIL CUSTOMERS (Average for Period):
Residential340,655337,073332,187
Commercial37,19336,75336,448
Interruptible504442
Industrial187188190
Total natural gas retail customers378,085374,058368,867
RESIDENTIAL SERVICE AVERAGES:
Annual use per customer (therms)662719662
Revenue per therm (in dollars)$1.44$1.17$1.01
Annual revenue per customer$956$844$667
HEATING DEGREE DAYS: (1)
Spokane, WA
Actual6,0126,8116,124
Historical average6,5576,5606,596
% of average92%104%93%
Medford, OR
Actual4,2954,4084,107
Historical average4,2484,2484,254
% of average101%104%97%

(1)

Heating degree days are the measure of the coldness of weather experienced, based on the extent to which the average of high and low temperatures for a day falls below 65 degrees Fahrenheit (annual degree days below historic indicate warmer than average temperatures).

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.