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AVISTA CORP

For the period ended Mar 31, 2025. Filed May 7, 2025.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed May 7, 2025

AVA$40.23-1.7%Stored close · as of Nov 6, 2026

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

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Acronyms and Terms

(The following acronyms and terms are found in multiple locations within the document)

Acronym/TermMeaning
AEL&P-Alaska Electric Light and Power Company, the primary operating subsidiary of AERC, which provides electric services in Juneau, Alaska
AERC-Alaska Energy and Resources Company, the Company's wholly-owned subsidiary based in Juneau, Alaska
AFUDC-Allowance for Funds Used During Construction; represents the cost of both the debt and equity funds used to finance utility plant additions during the construction period
ASC-Accounting Standards Codification
ASU-Accounting Standards Update
Avista Capital-Parent company to the Company’s non-utility businesses, with the exception of AJT Mining Properties, Inc., which is a subsidiary of AERC.
Avista Corp.-Avista Corporation, the Company
Avista Utilities-Operating division of Avista Corp. (not a subsidiary) comprising the regulated utility operations in the Pacific Northwest
Capacity-The rate at which a particular generating source is capable of producing energy, measured in KW or MW
CCA-Climate Commitment Act
CETA-Clean Energy Transformation Act
Colstrip-The coal-fired Colstrip Generating Plant in southeastern Montana
Cooling degree days-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 historic indicate warmer than average temperatures)
COVID-19-Coronavirus disease 2019, a respiratory illness declared a pandemic in March 2020
Deadband or ERMdeadband-The first $4.0 million in annual power supply costs above or below the amount included in base retail rates in Washington under the ERM in the state of Washington
Energy-The amount of electricity produced or consumed over a period of time, measured in KWh or MWh. Also, refers to natural gas consumed and is measured in dekatherms
EPA-Environmental Protection Agency
ERM-The Energy Recovery Mechanism, a mechanism for accounting and rate recovery of certain power supply costs accepted by the utility commission in the state of Washington
FASB-Financial Accounting Standards Board
FCA-Fixed Cost Adjustment, the electric and natural gas decoupling mechanism in Idaho
FERC-Federal Energy Regulatory Commission
GAAP-Generally Accepted Accounting Principles
GHG-Greenhouse gas
Heating degree days-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).
IPUC-Idaho Public Utilities Commission
KW, KWh-Kilowatt (1000 watts): a measure of generating power or capability. Kilowatt-hour (1000 watt hours): a measure of energy produced over a period of time
MW, MWh-Megawatt: 1000 KW. Megawatt-hour: 1000 KWh
OPUC-The Public Utility Commission of Oregon

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PCA-The Power Cost Adjustment mechanism, a procedure for accounting and rate recovery of certain power supply costs accepted by the utility commission in the state of Idaho
PGA-Purchased Gas Adjustment
PPA-Power Purchase Agreement
RCA-The Regulatory Commission of Alaska
REC-Renewable energy credit
ROE-Return on equity
ROR-Rate of return on rate base
ROU-Right-of-use lease asset
SEC-U.S. Securities and Exchange Commission
SOFR-Secured Overnight Financing Rate
Talen-Talen Montana, LLC, an indirect subsidiary of Talen Energy Corporation.
Therm-Unit of measurement for natural gas; a therm is equal to approximately one hundred cubic feet (volume) or 100,000 BTUs (energy)
Watt-Unit of measurement of electric power or capability; a watt is equal to the rate of work represented by a current of one ampere under a pressure of one volt
WUTC-Washington Utilities and Transportation Commission

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