Avista Corporation and Hydro One have filed paperwork with Idaho regulators outlining how Avista would operate after its sale to the Canadian utility. 
The proposed settlement makes Avista’s Idaho ratepayers eligible for $15.8 million in credits over a five-year period. Costs associated with the $5.3 billion sale would not be be charged to Avista customers.
The Idaho Public Utilities Commission will review and vote on the proposed settlement. Approval from the PUC – and regulators in other states in which Avista operates – is a requirement of the sale, which is expected to close in the second half of the year.
The proposal, which is similar to a proposed Washington settlement, also outlines post-sale conditions for low-income assistance programs, charitable giving, and the utility’s commitment to economic development initiatives. (Spokesman-Review)
