04:28 PM EDT, 08/29/2025 (MT Newswires) -- Avista ( AVA ) said Friday it has obtained clearance from the Idaho Public Utilities Commission for the all-party, all issues settlement agreement filed in June.

The new electric rates will take effect Sept. 1, 2025, and Sept. 1, 2026, the company said.

The rates will increase annual base electric revenue by $19.5 million (6.3%), effective Sept. 1, 2025, and by $14.7 million (4.5%), effective Sept. 1, 2026, Avista ( AVA ) said.

For natural gas, the settlement agreement will increase annual base natural gas revenues by $4.6 million (9.2%), effective Sept. 1, 2025, while it will decrease base revenues by $0.2 million (0.4%), effective Sept. 1, 2026, the company said.