Avista Corporation

Avista Corporation is an electric and natural gas utility company serving customers in the United States. Its business is organized into two segments: Avista Utilities and Alaska Electric Light and Power Company (AEL&P). The Avista Utilities segment provides electric distribution and transmission, and natural gas distribution and transmission services in parts of eastern Washington, northern Idaho, and northeastern and southwestern Oregon. It also generates electricity in Washington, Idaho, Oregon, and Montana. The Alaska Electric Light and Power Company segment offers electric services in Juneau, Alaska. As of December 31, 2025, Avista supplied retail electrical services to approximately 429,000 customers, retail natural gas services to about 386,000 customers, and electrical energy to approximately 17,600 customers. The company generates electricity through hydroelectric, thermal, wind, and solar generation facilities, and also operates five hydroelectric generation facilities with a capacity of 102.7 MW and four diesel generating facilities with a capacity of 107.5 MW.

Avista Corporation is listed on the New York Stock Exchange (NYSE) under the ticker symbol AVA. The company's financials are reported in US Dollars (USD), as it is headquartered in the United States and operates primarily in the US market.

Avista Corporation operates in the Utilities sector and is classified under the Utilities - Diversified industry. This means the company provides a mix of utility services, including both electricity and natural gas distribution, rather than focusing on a single utility type. As a diversified utility, Avista serves residential, commercial, and industrial customers across multiple regions, with a generation portfolio that includes hydroelectric, thermal, wind, and solar sources.

Avista Corporation is headquartered in Spokane, Washington, United States. The company was incorporated in 1889 and was formerly known as Washington Water Power before rebranding in January 1999. Its primary service areas include parts of eastern Washington, northern Idaho, and northeastern and southwestern Oregon for both electric and natural gas services. Additionally, through its Alaska Electric Light and Power Company (AEL&P) segment, Avista provides electric services in Juneau, Alaska. The company also supplies electricity to customers in Montana and engages in wholesale purchase and sale of electricity and natural gas.

Avista Corporation generates revenue primarily through the regulated distribution and sale of electricity and natural gas to retail customers. Its Avista Utilities segment earns income from electric and natural gas distribution and transmission services in Washington, Idaho, and Oregon, as well as from electricity generation and wholesale energy trading. The Alaska Electric Light and Power Company segment contributes through electric services in Juneau. The company also has venture fund investments, real estate investments, and other investments that provide additional income. As of late 2025, Avista served about 429,000 electric customers and 386,000 natural gas customers, along with 17,600 electrical energy customers, reflecting a diversified customer base across multiple states.