Record Capital Investment
Avista Utilities invested a record $510 million in 2024 to better serve customers, signaling a strong commitment to infrastructure improvement.
Constructive Regulatory Outcomes
The Washington general rate cases concluded with a balanced positive outcome, increasing the return on equity to 9.8% and supporting deferral mechanisms for wildfire and insurance costs.
Wildfire Mitigation Success
Met or exceeded 2024 targets for distribution grid hardening, transmission hardening, vegetation management, and enhanced fire safety mode automation with AI-enabled cameras.
Dividend Increase
For the twenty-third consecutive year, the dividend was increased by over 3% to $1.96 per share, demonstrating a commitment to shareholder returns.
Positive Earnings Guidance
Initiated 2025 earnings guidance at $2.52 to $2.72 per diluted share, reflecting a strong outlook for the coming year.