On March 15, 2016, the Oregon Public Utility Commission (Oregon Commission) approved an increase to Avista Corporation’s (Avista) revenue requirement by $4,460,000, representing a 4.9% rate increase. The Oregon Commission resolved a number of other important issues, including the Energy Trust of Oregon (ETO) taking over the utility’s energy efficiency program, a revenue-per-customer decoupling mechanism, a new capital structure and return on equity, the prudence of certain capital additions, and recovery of pension, medical, bonuses and other costs. [Read more…]