Avista
Avista Corporation is an American energy company which generates and transmits electricity and distributes natural gas to residential, commercial, and industrial customers. Approximately 1,550 employees provide electricity, natural gas, and other energy services to 359,000 electric and 320,000 natural gas customers in three western states. The service territory covers 30,000 square miles (78,000 km2) in eastern Washington, northern Idaho, and parts of southern and eastern Oregon, with a population of 1.5 million.
Avista Utilities corporate offices | |
| Formerly | Washington Water Power |
|---|---|
| Company type | Public |
Traded as | NYSE: AVA S&P 600 component |
| Industry | Energy, private utility |
| Founded | 1889, 135 years ago (as Washington Water Power) |
| Headquarters | 1411 E Mission Ave, Spokane, Washington U.S. |
Key people | Dennis P Vermillion Chairman and CEO October 1, 2019-present |
| Products | Electricity and natural gas |
| Revenue | $1.473 billion |
| $257.6 million (2023) | |
Net income | $171 million (2023) |
Number of employees | 1,982 |
| Subsidiaries | Alaska Electric Light & Power |
| Website | www Outage Map |
Avista Utilities is the regulated business unit of Avista Corp., an investor-owned utility headquartered in Spokane, Washington. Avista Corp.'s primary, non-utility subsidiary was Ecova, an energy and sustainability management company with over 700 expense management customers, representing more than 600,000 sites. In 2014, Ecova was sold to Cofely, a subsidiary of GDF Suez.
The company was founded 135 years ago in 1889 as Washington Water Power Company. The board of directors approved a name change to Avista Corporation, effective January 1, 1999, and the company began trading under the Avista name on Monday, January 4.
At that time, the company also bought naming rights for Spokane's minor league baseball park, Avista Stadium.