{ "market" : {"NAME" : "U.S.", "ID" : "us_market", "TZ" : "ET", "TZOFFSET" : "-18000", "open" : "", "close" : "", "flags" : {"h" : "Thanksgiving Day"}} , "STREAMER_SERVER" : "http://streamerapi.finance.yahoo.com","arrowAsChangeSign" : false,"throttleInterval": "1000"}
ap

Ore. reduces Avista utility rate hike request

Oregon regulators reduce Avista utility rate increase to 7 percent from nearly 12 percent

  • On 10:58 am EST, Wednesday November 4, 2009

SALEM, Ore. (AP) -- A rate hike of nearly 12 percent requested by Avista Utilities for natural gas customers scattered around rural Oregon has been reduced to about 7 percent by state regulators.

Avista asked for a rate hike in July to help pay for pipeline projects. But the Oregon Public Utility commission decided Monday to reduce the increase.

Commission Chairman Lee Beyer said Avista customers in Oregon will actually see their bills go down because recent declines in natural gas prices triggered a 20 percent overall rate decrease that went into effect this week.

Avista serves about 95,000 customers in LaGrande, Roseburg, Medford and Klamath Falls.

Related Headlines

Top Stories

Related Message Boards

Sponsored Links

Copyright © 2009 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten, or redistributed without the prior written authority of The Associated Press.