Avista
Avista Corporation is a regulated electric and natural gas utility serving approximately 429,000 electric and 386,000 gas customers across eastern Washington, northern Idaho, Oregon, and Juneau, Alaska, with vertically integrated generation, transmission, and distribution operations and $1.96 billion in 2025 revenue.
- Company typePublic
- Founded1889
- HeadquartersSpokane, United States
- Headcount1,001–5,000
- GTM typeB2C
- OfferingServices
What Avista does
Avista Corporation (NYSE: AVA) is a regulated energy company founded in 1889 and headquartered in Spokane, Washington. Through its operating division Avista Utilities, it provides electricity to approximately 429,000 customers and natural gas to approximately 386,000 customers across 30,000-34,000 square miles in eastern Washington, northern Idaho, parts of Oregon, and Juneau, Alaska (via the Alaska Energy and Resources Company / AEL&P subsidiary). The business is a vertically integrated utility spanning generation, transmission, and distribution of electricity and natural gas, supplemented by wholesale energy trading, resource management, and emerging distributed energy offerings such as community microgrids.
Revenue is generated through regulated tariff-based rates filed with and approved by state utility commissions in Washington, Idaho, and Oregon, producing subscription-like recurring revenue. Pricing is subject to periodic rate cases; recent and pending filings include a 7.4-7.7 percent Idaho electric rate adjustment, a Washington general rate case requesting $111 million in electric and $12 million in natural gas revenue increases for 2027, and an approved 2025 Clean Energy Implementation Plan. Capital expenditure is set at approximately $615 million in 2026 and $3.4 billion cumulatively across 2026-2030, supporting investments in a 100 MW battery energy storage system, Montana wind purchases, the Lolo-Oxbow 230-kV transmission upgrade with Idaho Power (backed by an $85.7 million DOE grant), and participation in the 3,000 MW North Plains Connector HVDC consortium.
The company has paid dividends for 56 consecutive years with 24 consecutive years of increases (current annualized dividend $1.97 per share, ~4.65% yield). It deploys Bidgely AI analytics on AMI meter data for grid planning and EV load management, achieving a 27% reduction in service calls. Recent strategic activity includes co-founding the Novara Energy Alliance (with Itron and McKinstry), launching the region's first community microgrid at the MLK Community Center, divesting Colstrip Units 3 and 4, and pausing a 500 MW data center service request pending broader community and policy alignment.
Avista firmographics
Firmographics- Name
- Avista
- Legal name
- Avista Corporation
- Website
- https://avistacorp.com
- Company type
- Public
- Founded year
- 1889
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Avista Corporation is a regulated electric and natural gas utility serving approximately 429,000 electric and 386,000 gas customers across eastern Washington, northern Idaho, Oregon, and Juneau, Alaska, with vertically integrated generation, transmission, and distribution operations and $1.96 billion in 2025 revenue.
- Ownership category
- akta.pro rank
Avista industry classification
Industry- Product category
- Electric and Natural Gas Utility Services
- NAICS
- Electric Power Generation, Transmission and Distribution (2211), Electric Power Transmission, Control, and Distribution (22112)
- SIC
- Electric Services (4911), Gas & Other Services Combined (4932), Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Transmission Interconnection & Line Works (Gen-Tie Lines, Overhead/Underground Lines) (EUAMAFAF)
- akta.pro secondary industries
- Engine Generator & Microgrid Power Plant EPC (Diesel/Gas Recip) (EUAEAAAJ), Microgrid + Storage EPC & Systems Integration (EUAEAEAD), Forecasting & AI Optimization for Flexibility (Load/Price/Renewables/SoC) (EUAFAKAH)
Keywords
Where Avista is headquartered
LocationHeadquarters
- HQ city
- Spokane
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Avista business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Electric Utility Services: Regulated electricity generation, transmission, and distribution services to approximately 429,000 customers in eastern Washington, northern Idaho, and parts of Oregon. Revenue driven by approved rate cases and capital investment recovery.
- Natural Gas Utility Services: Regulated natural gas distribution to approximately 386,000 customers across the same service territory. Revenue recovery through rate filings with state utility commissions.
- Energy Trading and Resource Management: Wholesale energy trading and resource management activities supporting utility operations and grid optimization.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Idaho residential electricity - proposed 7.7% increase |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
Avista product offering
Product offeringCore offering
Avista is a vertically integrated regulated energy utility that generates, transmits, and distributes electricity and natural gas across the Pacific Northwest. Its Avista Utilities division serves approximately 429,000 electric customers and 386,000 natural gas customers across 34,000 square miles in eastern Washington, northern Idaho, parts of Oregon, and through its AEL&P subsidiary in Juneau, Alaska. The company also engages in wholesale energy trading and resource management to support grid operations.
Product overview
Avista is a regulated energy utility offering a unified platform of electricity and natural gas services. The core operating division is Avista Utilities, which provides electricity to approximately 418,000 customers and natural gas to approximately 382,000 customers across the Pacific Northwest. The portfolio includes the Avista 2025 Electric Integrated Resource Plan — a long-term resource planning product combining natural gas turbine upgrades, a 100 MW battery energy storage system, wind power purchases, and demand response programs to meet reliability and clean energy goals. Subsidiary Alaska Energy and Resources Company (AEL&P) extends retail electric service to Juneau, Alaska. Avista also operates non-regulated businesses including gas storage and浆 energy marketing. The company integrates AI analytics from Bidgely for grid planning and EV growth management.
Differentiator
Problem solved
Functional benefit
Products and services
- Avista Utilities - Electric Service
- Avista Utilities - Natural Gas Service
- Alaska Energy and Resources Company (AEL&P)
Quantifiable outcome
- Reduced service calls by 27% using Bidgely's disaggregation software
- +2 more outcomes
Companies that use Avista
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Avista technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability3 records
Feature3 records
Avista partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core, strategic and minor.
- Minnkota Power CooperativecoreMinnkota joined the North Plains Connector utility consortium as its eighth member, signing a non-binding MOU to secure 150 megawatts of capacity on the 3,000-megawatt HVDC transmission line connecting the Eastern and Western Interconnections. The transmission line spans 420 miles across North Dakota and Montana.
- Washington State Department of CommercestrategicPartnership for the Martin Luther King Jr. Community Center microgrid project in Spokane. The project received $1.5 million investment through the state's Solar Plus Storage program, representing one of the first microgrids funded under this initiative.
- MLK Community CenterminorPartnership with Avista Utilities and Washington State Department of Commerce for a new microgrid project at the Martin Luther King Jr. Community Center in Spokane. The system combines solar, battery storage, and natural gas backup to ensure the nonprofit can continue providing services during extended power outages.
- Novara Energy AlliancestrategicNewly unified organization formed from merger of Urbanova and INTENT with founding mission partners Avista, Itron and McKinstry. The alliance aims to unite innovators, communities, government, researchers and industry leaders to address energy and water challenges in the Inland Northwest region. Headquartered at Scott Morris Center for Energy Innovation in Spokane, Washington.
- ItronstrategicFounding partner of Novara Energy Alliance along with Avista and McKinstry. Itron provides technology solutions for the energy and water challenge initiatives in the Inland Northwest region.
- McKinstrystrategicFounding partner of Novara Energy Alliance along with Avista and Itron. McKinstry contributes expertise in energy innovation and decarbonization for the Inland Northwest region.
- BidgelystrategicBidgely provides AI analytics solutions that transform Advanced Metering Infrastructure data into actionable intelligence for utilities. Their Analytics Workbench and grid planning solutions are being utilized by Avista to manage EV growth, analyze peak load users, and prioritize infrastructure upgrades. Recognized as Top 10 Grid Edge Innovator of 2025 by Darcy Partners.
- Idaho PowercoreJoint development of the Lolo-Oxbow 230-kV transmission line reconstruction project in Washington and Idaho. The U.S. Department of Energy granted approximately $85.7 million to both utilities for this infrastructure upgrade to improve grid resilience, increase interregional capacity by about 635 MW, and support renewable energy integration.
Scale indicators6 records
Recent moves8 records
Expansion highlights7 records
Avista competitors and assessment
Company assessmentDirect peers
- PacifiCorp: PacifiCorp is a Berkshire Hathaway-owned vertically integrated electric utility serving Oregon, Washington, Idaho, Utah, Wyoming, and California. Direct geographic and operational overlap with Avista in the Pacific Northwest, both providing regulated generation, transmission, and distribution services.
- Portland General Electric: Portland General Electric (NYSE: POR) is an Oregon-based vertically integrated electric utility serving approximately 900,000 customers in the Portland metro area. Direct peer sharing Pacific Northwest service territory, regulatory framework, and clean energy transition challenges.
- Idaho Power: Idaho Power is a regulated electric utility serving southern Idaho and eastern Oregon. Direct peer and active partner on the Lolo-Oxbow 230-kV transmission line, sharing customer base overlap and regulatory environment with Avista.
- Puget Sound Energy: Puget Sound Energy is a regulated utility providing electric and natural gas service to customers in Washington state. Direct Pacific Northwest peer with combined electric/gas utility business model, similar customer demographics, and identical regulatory jurisdictions.
- NorthWestern Energy: NorthWestern Energy (NASDAQ: NWE) is a regulated electric and natural gas utility serving Montana, South Dakota, and Nebraska. Recent acquirer of Avista's Colstrip Units 3&4 interests and adjacent regional peer with similar clean energy transition profile.
- NW Natural Gas Company: NW Natural (NYSE: NWN) is a natural gas distribution utility serving Oregon, Washington, and Idaho — directly overlapping with Avista's gas service territory. Direct peer in the regulated gas distribution business with shared regulatory commissions.
Broad incumbents
- Dominion Energy: Dominion Energy (NYSE: D) is a large multi-state regulated electric and gas utility with extensive transmission and generation assets. Broader incumbent offering comparable utility services (electric, gas) at significantly larger scale and across more diverse regulatory jurisdictions.
- Duke Energy: Duke Energy (NYSE: DUK) is one of the largest U.S. regulated electric utilities serving the Southeast and Midwest. Broad incumbent with similar vertically integrated utility business model, renewable transition strategy, and regulatory rate-base recovery approach.
- Xcel Energy: Xcel Energy (NASDAQ: XEL) is a major multi-state regulated electric and gas utility with leading clean energy transition strategy across the Midwest and Western U.S. Broad incumbent with similar grid modernization, AI analytics deployment, and renewable integration investments.
Emerging players
- Bidgely: Bidgely is an AI-driven energy analytics platform serving utilities with AMI data analytics, EV load management, and grid planning solutions. Active technology partner to Avista and competitor as a vendor to other utilities; meaningful overlap in the grid-edge AI analytics niche.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key highlights7 records
Customer concentration
Avista social profiles
Digital presenceAvista compliance and trust
Trust signalCompliance1 record
Avista financial estimates
Financial estimateRevenue estimate
Valuation estimate
Avista leadership team
Management profileNumber of profiles
Profiles6 records
Avista subsidiaries and ownership
Company hierarchySubsidiaries3 records
Avista funding detail
Funding detailFunding overview
Funding rounds3 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Avista M&A and investment
M&A and investmentM&A2 records
Investments26 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Avista
What does Avista do?
Avista is a vertically integrated regulated energy utility that generates, transmits, and distributes electricity and natural gas across the Pacific Northwest. Its Avista Utilities division serves approximately 429,000 electric customers and 386,000 natural gas customers across 34,000 square miles in eastern Washington, northern Idaho, parts of Oregon, and through its AEL&P subsidiary in Juneau, Alaska. The company also engages in wholesale energy trading and resource management to support grid operations.
Is Avista a public or private company?
Avista is a public company. It is classified as public and is currently operating.
When was Avista founded?
Avista was founded in 1889. It employs 1,001 to 5,000 people.
Where is Avista based?
Avista is headquartered in Spokane, United States, in the North America region.
How does Avista make money?
Three revenue lines are on record. Electric Utility Services are the primary driver. The others are natural Gas Utility Services and energy Trading and Resource Management.
Who are Avista's main competitors?
Direct peers on record are PacifiCorp, Portland General Electric, Idaho Power, Puget Sound Energy, NorthWestern Energy and NW Natural Gas Company. Broad incumbents are Dominion Energy, Duke Energy and Xcel Energy. Bidgely is listed as an emerging player.
Does Avista have an API?
No public API is recorded for Avista.
What industry is Avista in?
Avista's product category is Electric and Natural Gas Utility Services. Its primary akta.pro industry code is EUAMAFAF, Transmission Interconnection & Line Works (Gen-Tie Lines, Overhead/Underground Lines), with a secondary code of EUAEAAAJ, Engine Generator & Microgrid Power Plant EPC (Diesel/Gas Recip). Its NAICS code is 2211 and its SIC code is 4911.