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Avista files 2025 Natural Gas Integrated Resource Plan

1. Avista filed its 2025 Natural Gas Integrated Resource Plan with state regulators. 2. The plan ensures compliance with emissions legislation over the next twenty years. 3. The IRP was developed with input from various stakeholders and industry experts. 4. Avista aims to maintain reliable natural gas service while meeting future energy demands. 5. The utility commissions will review the plan and allow public comments.

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Why Bullish?

The filing of the IRP suggests proactive management of future energy demands, enhancing investor confidence. Historical instances show that transparent planning can stabilize stock prices, particularly in regulatory environments.

How important is it?

The IRP filing presents a strategic direction for Avista, crucial for future compliance and customer service, influencing both investor sentiment and operational success.

Why Long Term?

The IRP impacts Avista's strategy for the next twenty years, aligning with long-term emissions goals in Oregon and Washington, which could lead to sustainable growth.

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DTEEDLNT
Plan provides a roadmap for customers’ future energy needs March 31, 2025 19:45 ET  | Source: Avista Corporation SPOKANE, Wash., March 31, 2025 (GLOBE NEWSWIRE) -- Avista has filed its 2025 Natural Gas Integrated Resource Plan (IRP) with state regulators in Washington, Idaho, and Oregon. This plan outlines a preferred resource portfolio which is designed to meet the forecast for system energy demand and comply with emissions legislation over the next twenty years. Submitted biennially to public utility commissions in all three states, the IRP is a thoroughly researched, data-driven document that projects future energy needs and identifies the most effective strategies for reliably meeting those needs. The development of the IRP included Avista's professional energy analysis and contributions from a Technical Advisory Committee, which includes public utility commission staff, peer natural gas utilities, customers, and other stakeholders. “This planning effort is a crucial element to ensuring Avista continues to deliver safe, reliable natural gas service to our customers,” said Scott Kinney, Avista’s Vice President of Energy Resources & Integrated Planning. “What we have created is a comprehensive plan that addresses the resources available to us to meet our customers’ natural gas needs. It also outlines our approach to meeting emissions compliance requirement in Washington and Oregon.” Oregon’s Climate Protection Program and Washington’s Climate Commitment Act mandates that Avista meets specific emissions requirements, which are reflected in the preferred resource portfolio for each state. The IRP demonstrates that Avista can meet expected state loads. The utility commissions will now review the IRP and provide an opportunity for public comment. The IRP is available for review at www.myavista.com/irp. About Avista Utilities Avista Utilities is involved in the production, transmission and distribution of energy. We provide energy services and electricity to 422,000 customers and natural gas to 383,000 customers in a service territory that covers 30,000 square miles in eastern Washington, northern Idaho and parts of southern and eastern Oregon, with a population of 1.7 million. Avista Utilities is an operating division of Avista Corp. (NYSE: AVA). For more information, please visit www.myavista.com. To unsubscribe from Avista’s news release distribution, send reply message to dalila.sheehan@avistacorp.com   Contact: Media: Jared Webley, jared.webley@avistacorp.comAvista 24/7 Media Access (509) 495-4174

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