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Property, Plant And Equipment (Tables)
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Schedule of Net Utility Property

Net utility property consisted of the following as of December 31 (dollars in thousands):

 

 

2023

 

 

2022

 

Utility plant in service

 

$

7,799,481

 

 

$

7,561,688

 

Construction work in progress

 

 

179,527

 

 

 

164,147

 

Total

 

 

7,979,008

 

 

 

7,725,835

 

Less: Accumulated depreciation and amortization

 

 

2,278,952

 

 

 

2,281,126

 

Total net utility property

 

$

5,700,056

 

 

$

5,444,709

 

Summary of Ratio of Depreciation to Average Depreciable Property and Average Service Lives for Utility Plan in Service For utility operations, the ratio of depreciation provisions to average depreciable property was as follows for the years ended December 31:

 

 

2023

 

 

2022

 

 

2021

 

Avista Utilities

 

 

3.52

%

 

 

3.50

%

 

 

3.54

%

Alaska Electric Light and Power Company

 

 

2.78

%

 

 

2.78

%

 

 

2.77

%

The average service lives for the following broad categories of utility plant in service are (in years):

 

 

Avista Utilities

 

 

Alaska Electric Light
and Power Company

 

Electric thermal/other production

 

 

26

 

 

 

41

 

Hydroelectric production

 

 

79

 

 

 

42

 

Electric transmission

 

 

50

 

 

 

43

 

Electric distribution

 

 

40

 

 

 

39

 

Natural gas distribution property

 

 

44

 

 

N/A

 

Other shorter-lived general plant

 

 

8

 

 

 

18

 

The gross balances of the major classifications of property, plant and equipment are detailed in the following table as of December 31 (dollars in thousands):

 

 

2023

 

 

2022

 

Avista Utilities:

 

 

 

 

 

 

Electric production

 

$

1,498,398

 

 

$

1,593,795

 

Electric transmission

 

 

1,059,389

 

 

 

994,709

 

Electric distribution

 

 

2,383,201

 

 

 

2,236,376

 

Electric construction work-in-progress (CWIP) and other

 

 

394,711

 

 

 

376,981

 

Electric total

 

 

5,335,699

 

 

 

5,201,861

 

Natural gas underground storage

 

 

59,994

 

 

 

58,072

 

Natural gas distribution

 

 

1,539,467

 

 

 

1,452,637

 

Natural gas CWIP and other

 

 

91,492

 

 

 

88,264

 

Natural gas total

 

 

1,690,953

 

 

 

1,598,973

 

Common plant (including CWIP)

 

 

759,498

 

 

 

744,173

 

Total Avista Utilities

 

 

7,786,150

 

 

 

7,545,007

 

AEL&P:

 

 

 

 

 

 

Electric production

 

 

118,817

 

 

 

106,390

 

Electric transmission

 

 

22,827

 

 

 

22,856

 

Electric distribution

 

 

32,322

 

 

 

29,269

 

Electric CWIP and other

 

 

8,552

 

 

 

12,295

 

Electric total

 

 

182,518

 

 

 

170,810

 

Common plant

 

 

10,340

 

 

 

10,018

 

Total AEL&P

 

 

192,858

 

 

 

180,828

 

Total gross utility property

 

 

7,979,008

 

 

 

7,725,835

 

Other (1)

 

 

6,425

 

 

 

16,631

 

Total

 

$

7,985,433

 

 

$

7,742,466

 

(1)
Included in other property and investments-net and other non-current assets on the Consolidated Balance Sheets. Accumulated depreciation was less than $0.1 million as of December 31, 2023 and $2.4 million as of December 31, 2022 for the other businesses.