AVISTA CORP
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
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FY2024 · Filed Feb 26, 2025
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Utility Capital Expenditures
We make capital investments at our utilities to enhance service and system reliability for our customers and replace aging infrastructure. The following table summarizes our actual and expected capital expenditures as of and for the year ended December 31, 2024 (dollars in millions):
| Avista Utilities · AEL&P | ||
|---|---|---|
| 2024 Actual capital expenditures | ||
| Capital expenditures (per the Consolidated Statement of Cash Flows) | $510 | $23 |
| Expected total annual capital expenditures (by year) | ||
| 2025 | $525 | $12 |
| 2026 | 575 | 10 |
| 2027 | 600 | 14 |
The following graph shows Avista Utilities' expected capital expenditures for 2025-2027 by category (in millions):
These estimates of capital expenditures are subject to continuing review and adjustment. Actual expenditures may vary from our estimates due to factors such as changes in business conditions, construction schedules and environmental requirements. In particular, these estimates do not include expenditures for additional generation or transmission facilities that are contemplated in our IRP but have not been specifically identified and approved.
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