02/06/2024 | Press release | Distributed by Public on 02/06/2024 16:40
February 6, 2024: SPOKANE, WA - Avista announced today that the modernization project for the Post Falls Hydroelectric Development has been selected to receive a $5 Million Hydroelectric Efficiency Improvement Incentive from the U.S. Department of Energy (DOE) for improvements to increase the facility's efficiency.
Scott Kinney, Vice President of Energy Resources for Avista, stated, "This is an exciting milestone for the Post Falls Hydroelectric Development modernization project. This facility has generated renewable and reliable energy for Avista customers in eastern Washington and northern Idaho for the last 118 years. With the investments we're making today, thanks in part to grant funds like these, we expect to extend the life of the Post Falls Dam well into the future."
The overall goal of Avista's Post Falls Modernization Project is to replace existing aging equipment with more modern and energy-efficient designs and equipment and increase the useful life of the facility. The planned updates will not change the operations of the Post Falls dam. Avista received a new 50-year license in 2009 for its Spokane River hydro system which includes Post Falls.
The Hydroelectric Efficiency Improvement Incentives support the continued operation of the U.S. hydropower fleet and ensure a more reliable and resilient electric grid system.
About Avista Utilities
Avista Utilities is involved in the production, transmission and distribution of energy. We provide energy services and electricity to 411,000 customers and natural gas to 377,000 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.
The Avista logo is a trademark of Avista Corporation.