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Avista Corporation

Avista Corporation is a US electric and natural gas utility operating through two segments: Avista Utilities and Alaska Electric Light and Power Company (AEL&P). Avista Utilities provides electric distribution and transmission and natural gas distribution and transmission in parts of eastern Washington, northern Idaho, and northeastern and southwestern Oregon, generates electricity in Washington, Idaho, Oregon, and Montana, supplies electricity in Montana, and engages in wholesale electricity and natural gas purchase and sale. AEL&P offers electric services in Juneau, Alaska. The company generates electricity through hydroelectric, thermal, wind, and solar facilities; as of December 31, 2025, it served approximately 429,000 retail electric customers, 386,000 retail natural gas customers, and 17,600 electrical energy customers. It operates five hydroelectric facilities with 102.7 MW of capacity and four diesel generating facilities with 107.5 MW of capacity, and also engages in venture fund, real estate, and other investments. Formerly known as Washington Water Power, it changed its name to Avista Corporation in January 1999, was incorporated in 1889, and is headquartered in Spokane, Washington.

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United States
AVA▲

Avista declares $0.4925 quarterly dividend

Avista declared a quarterly dividend of $0.4925 per share, in line with the previous payout. The dividend carries a forward yield of 5.02% and is payable on September 14 to shareholders of record as of August 18, with the ex-dividend date also set for August 18.
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AVA · Capital · Positive Declares quarterly dividend of $0.4925, maintaining payout with 5.02% yield.
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Avista Corp. Reports Q2 2026 Net Income of $35 Million, Confirms Utility Earnings Guidance

Avista Corp. reported second-quarter 2026 net income of $35 million, or 43 cents per diluted share, up from $14 million, or 17 cents per share, a year earlier, and confirmed its full-year non-GAAP utility earnings guidance of $2.52 to $2.72 per diluted share. Non-GAAP utility earnings were $23 million, or 29 cents per share, compared with $24 million, or 29 cents per share, in the prior-year quarter. The GAAP increase was driven by net investment gains at the company's other businesses, including an estimated $17 million fair value increase from an underlying investment that completed an initial public offering, which will be recognized in the third quarter. Avista also noted it is evaluating the need for up to $100 million of additional short-term liquidity by the end of the fourth quarter due to increased regulatory deferrals and delayed recovery.
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AVA · Capital · Positive Q2 net income rose to $35M from $14M, driven by investment gains, and guidance confirmed.
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Avista files annual rate adjustments in Idaho, proposing lower gas bills and higher electric bills

Avista has filed its annual rate adjustment requests with the Idaho Public Utilities Commission, proposing changes that would lower residential natural gas bills by about 1.5 percent and raise residential electric bills by roughly 6.5 percent. The natural gas filings include a Purchased Gas Cost Adjustment decrease of approximately 2.5 million dollars, a Fixed Cost Adjustment increase of about 2.4 million dollars, and an Energy Efficiency Adjustment decrease of around 1.4 million dollars, resulting in a net overall natural gas rate reduction of 1.8 percent. The electric filings include a Power Cost Adjustment increase of approximately 14.6 million dollars, a Fixed Cost Adjustment increase of about 4.0 million dollars, and a Bonneville Power Administration Residential Exchange Program decrease of roughly 0.3 million dollars, leading to a net overall electric rate increase of 5.3 percent. If approved, the new rates would take effect November 1, 2026 for natural gas and October 1, 2026 for electric service. The filings are designed to true up costs with actual expenses and do not impact Avista's earnings.
AVA
AVA · Pricing · Neutral Avista files rate adjustments in Idaho: gas bills down 1.5%, electric up 6.5%, but no earnings impact stated.
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Energy Transition & Power Demand▲

AI Power Demand Surge Makes Five High-Yield Utility Stocks Attractive for Decades

Surging AI data center electricity demand is accelerating utility infrastructure spending and making high-yield utility stocks increasingly attractive for long-term investors. Avista offers a strong 4.64% dividend and holds a Weiss Ratings Buy rating. Brookfield Infrastructure Partners yields 4.64% and carries Morgan Stanley's Overweight rating with a $46 price target. Edison International pays a 4.37% dividend, has Barclays' Overweight rating and a $77 price objective, and is seen as a strong pick through 2026. Eversource Energy yields 4.06% with Wells Fargo's Overweight rating and a $76 target, while Portland General Electric pays 3.98% and has a BTIG Buy rating with a $58 target.
AVA ▲EIX ▲ES ▲POR ▲
Energy Transition & Power Demand ▲
About megatrends
Energy Transition & Power Demand › Nuclear Generation & Utilities ▲Demand
Energy Transition & Power Demand › Grid, Transmission & Power Equipment ▲Demand
AVA · Demand · Positive Surging AI data center electricity demand drives utility infrastructure spending, benefiting Avista.
EIX · Demand · Positive Surging AI data center electricity demand drives utility infrastructure spending, benefiting Edison International.
ES · Demand · Positive Surging AI data center electricity demand drives utility infrastructure spending, benefiting Eversource Energy.
POR · Demand · Positive Surging AI data center electricity demand drives utility infrastructure spending, benefiting Portland General Electric.
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