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Article: Avista Corp. appeals case to high court
- Article from:
- Journal of Business
- Article date:
- February 21, 2008
- Author:
CopyrightCopyright Northwest Business Press Inc. Feb 21, 2008. Provided by ProQuest LLC. (Hide copyright information)
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Avista Corp., of Spokane, is joining with two other Northwest investor-owned utilities to challenge a federal appellate court fading that the Bonneville Power Administration erred in the method it used to make big payments to the utilities.
The utilities, Avista, Seattle-based Puget Sound Energy Inc., and Portland-based Portland General Electric Inc., together filed a petition with the U.S. Supreme Court earlier this month seeking review of a U.S. Ninth Circuit of Appeals decision last May. That decision prompted the BPA to suspend millions of dollars in monthly payments to investor-owned utilities, which in turn has led to substantial increases in electric rates for those utilities' ...