SPOKANE, Wash. (AP) — Customers of Avista Corp. told the state Utilities and Transportation Commission they’re happy with their local electric and natural gas utility and see little benefit from its sale to a Canadian corporation.
Washington Regulators Host Hearing on Avista, Hydro One Merger
4/24/2018
About 80 people attended a public hearing in Spokane Monday on the proposed $5.3 billion sale to Hydro One, of Toronto. While some customers spoke in support of the sale, many who testified were skeptical.
The Spokesman-Review says some people worried the sale could result in higher rates.
The commission must evaluate whether the sale meets the state’s “net benefit” standard, which requires utilities to demonstrate that ratepayers would not be harmed and would actually benefit from the transaction.
The Legislature passed the requirement after an Australian company purchased Puget Sound Energy, the state’s largest utility, in 2009.
Related News
From Archive
Sign up to Receive Our Newsletter
- OSHA investigates fatal trench collapse at Conroe construction site
- Final Lake Erie sewer tunnel project set to begin after decades-long $3 billion effort
- Texas811 launches real-time excavation detection to prevent utility strikes
- Oil pipeline struck during fiber optic construction spills into L.A. storm drains
- Fiber drilling strike triggers major sewer failure, lawsuits in Florida
- Fatal trench collapse in Mass. leads to $4.6 million OSHA penalty, dozens of violations
- Texas811 launches real-time excavation detection to prevent utility strikes
- Race Communications breaks ground on Bakersfield fiber network
- Final Lake Erie sewer tunnel project set to begin after decades-long $3 billion effort
- Inside Infrastructure: Utility locators warn of systemic failures in damage prevention process
Comments