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Property, Plant And Equipment
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

NOTE 10. PROPERTY, PLANT AND EQUIPMENT

Net Utility Property

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

 

 

2024

 

 

2023

 

Utility plant in service

 

$

8,180

 

 

$

7,799

 

Construction work in progress

 

 

238

 

 

 

180

 

Total

 

 

8,418

 

 

 

7,979

 

Less: Accumulated depreciation and amortization

 

 

2,431

 

 

 

2,279

 

Total net utility property

 

$

5,987

 

 

$

5,700

 

Gross Property, Plant and Equipment

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

 

 

2024

 

 

2023

 

Avista Utilities:

 

 

 

 

 

 

Electric production

 

$

1,523

 

 

$

1,498

 

Electric transmission

 

 

1,105

 

 

 

1,059

 

Electric distribution

 

 

2,580

 

 

 

2,383

 

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

 

 

452

 

 

 

395

 

Electric total

 

 

5,660

 

 

 

5,335

 

Natural gas underground storage

 

 

63

 

 

 

60

 

Natural gas distribution

 

 

1,624

 

 

 

1,539

 

Natural gas CWIP and other

 

 

95

 

 

 

92

 

Natural gas total

 

 

1,782

 

 

 

1,691

 

Common plant (including CWIP)

 

 

760

 

 

 

760

 

Total Avista Utilities

 

 

8,202

 

 

 

7,786

 

AEL&P:

 

 

 

 

 

 

Electric production

 

 

120

 

 

 

119

 

Electric transmission

 

 

23

 

 

 

23

 

Electric distribution

 

 

36

 

 

 

32

 

Electric CWIP and other

 

 

26

 

 

 

9

 

Electric total

 

 

205

 

 

 

183

 

Common plant

 

 

11

 

 

 

10

 

Total AEL&P

 

 

216

 

 

 

193

 

Total gross utility property

 

 

8,418

 

 

 

7,979

 

Other (1)

 

 

6

 

 

 

6

 

Total

 

$

8,424

 

 

$

7,985

 

(1)
Included in other property and investments-net and other non-current assets on the Consolidated Balance Sheets.