Type | Public (NYSE: AVA) |
---|---|
Industry | Energy, private utility |
Founded | Spokane, Washington (As Washington Water Power), 1873 |
Headquarters | Spokane, Washington |
Key people | Scott Morris, Chairman and CEO |
Products | Electricity and natural gas |
Revenue | US$1.51B (FY 2009)[1] |
Operating income | US$201M (FY 2009)[1] |
Net income | US$87.1 (FY 2009)[1] |
Total assets | US$3.61B (FY 2009)[2] |
Total equity | US$1.05B (FY 2009)[2] |
Employees | 2,000 |
Website | www.avistautilities.com |
Avista Utilities is an energy company with its headquarters in Spokane, Washington in the United States. It employs nearly 2,000 people who work in five western states. They serve customers with hydro, natural gas, coal and biomass generation delivered over 2,100 miles (3,400 km) of transmission line, 17,000 miles (27,000 km) of distribution line and 6,100 miles (9,800 km) of natural gas distribution mains.[3]
The company was founded in 1873 as Washington Water Power Company, until 1998 when the board of directors approved a name change to Avista Utilities. At that time, the company also bought naming rights for Spokane's minor league baseball park, Avista Stadium.
Avista's service territory is made up of over 30,000 square miles (78,000 km2) and almost 500,000 customers. It provides electric and natural gas service to most of eastern Washington and northwestern Idaho, and natural gas service to smaller portions of southwestern Washington and southern Oregon.[3]