Operational DevelopmentsYear-over-year earnings increase at Avista Utilities due to rate relief and customer growth, showing some positive operational developments.
Regulatory DevelopmentsThe Washington Utilities and Transportation Commission approved a higher return on equity for Avista, increasing from 9.4% to 9.8%.
Regulatory SupportThe regulatory order supports mechanisms like Wildfire and Insurance balancing accounts and decoupling, which are expected to help reduce regulatory lag.