OLYMPIA, Wash. – Today, the Washington Utilities and Transportation Commission announced that it will hold an additional hearing for the proposed merger of Avista Corp.
OLYMPIA, Wash. – Today, the Washington Utilities and Transportation Commission announced that it will hold an additional hearing for the proposed merger of Avista Corp. and Hydro One Limited on Oct. 23.
The evidentiary hearing will begin at 9:30 a.m. on Tuesday, Oct. 23 at the commission’s Olympia headquarters.
The commission also invites the public to submit comments prior to the Oct. 23 hearing:
• Online: www.utc.wa.gov/comments
• Email: comments@utc.wa.gov
• Toll-free: 1-888-333-9882
• Mail: P.O. Box 47250, Olympia, WA., 98504
• Email: comments@utc.wa.gov
• Toll-free: 1-888-333-9882
• Mail: P.O. Box 47250, Olympia, WA., 98504
The commission has received 348 public comments to date on the proposed merger by Hydro One—265 opposed, 13 in favor, and 70 undecided.
The additional hearing and comment period is in response to the July 11 agreement between the Province of Ontario and Hydro One’s executive management that resulted, among other provisions, in the resignation and full replacement of Hydro One’s board of directors and retirement of the utility’s chief executive officer.
The commission’s deadline for a decision on the proposed merger is Dec. 14.
Hydro One is Ontario’s largest electricity transmission and distribution provider with more than 1.3 million customers.
Spokane-based Avista serves more than 240,000 electric and nearly 153,000 natural gas customers in eastern Washington.
The UTC is the state agency that regulates private, investor-owned electric and natural gas utilities in Washington. It is the commission’s responsibility to ensure regulated companies provide safe and reliable service to customers at reasonable rates, while allowing them the opportunity to earn a fair profit.
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