This article needs additional citations for verification. (October 2012) |
Formerly | Washington Water Power |
---|---|
Company type | Public |
NYSE: AVA S&P 600 component | |
Industry | Energy, private utility |
Founded | 1889, 135 years ago (as Washington Water Power) |
Headquarters | 1411 E Mission Ave, , |
Key people | Dennis P Vermillion Chairman and CEO October 1, 2019-present |
Products | Electricity and natural gas |
Revenue | $1.473 billion[1] |
$257.6 million (2023) | |
$171 million (2023) | |
Number of employees | 1,982 |
Subsidiaries | Alaska Electric Light & Power |
Website | www Outage Map |
Avista Corporation is an American energy company which generates and transmits electricity and distributes natural gas to residential, commercial, and industrial customers. Approximately 1,550[citation needed] employees provide electricity, natural gas, and other energy services to 359,000 electric and 320,000 natural gas customers[citation needed] in three western states. The service territory covers 30,000 square miles (78,000 km2) in eastern Washington, northern Idaho, and parts of southern and eastern Oregon, with a population of 1.5 million.[2]
Avista Utilities is the regulated business unit of Avista Corp., an investor-owned utility headquartered in Spokane, Washington. Avista Corp.'s primary, non-utility subsidiary was Ecova, an energy and sustainability management company with over 700[citation needed] expense management customers, representing more than 600,000[citation needed] sites. In 2014, Ecova was sold to Cofely, a subsidiary of GDF Suez.[3]
The company was founded 135 years ago in 1889 as Washington Water Power Company.[4][5] The board of directors approved a name change to Avista Corporation, effective January 1, 1999, and the company began trading under the Avista name on Monday, January 4.[4][6][7]
At that time, the company also bought naming rights for Spokane's minor league baseball park, Avista Stadium.