John Waite, a candidate in the upcoming Spokane City Council races, has done what few Spokanites do: make headlines in Seattle.
OK, it was just Seattle Weekly’s blog. But he also made news on G4, icanhascheezburger and the Escapist Magazine, among other outlets.
The news came about when Waite dressed as a character from the videogame StarCraft in honor of Free Comic Book Day, in a suit designed by local gamer/web developer Tony Malcolm. Waite, who owns Merlyn’s comic book shop in downtown Spokane, even came up with a new campaign slogan: “Defeating the Zerg Scourge and Balancing the Budget, Galaxywide.”
Not sure what that means, but Waite will need all the help he can get. His previous political campaigns have always come up short. He recently moved downtown — almost right above his store — and is running in a new district, District 1 in northeast Spokane. (Nicholas Deshais)
Hikes and profits
Another year, another request for a rate hike from Avista utilities.
This year, the utility is asking for a 9.3 percent increase on the residential electric bill rate and a 5.1 percent increase for residential natural gas rates.
From 2006 to 2010, Avista’s general electricity rate went up an average of 6.8 percent. That’s over two and a half times the rate that the consumer price index — a measure of inflation for typical consumer goods — rose during the same period.
Avista has also been earning good profits. In 2006, the utility brought in $73.1 million in net profit. In 2007, $38.5 million came for the utility after paying all its bills. In 2008, it was $73.6 million. In 2009, $87.1 million. And in 2010, $92.4 million. Their profits pershare this year are expected to be even higher.
But Avista spokeswoman Debbie Simock says such utility increases are typical nationwide. Nationally, the utility infrastructure is aging. Most of Avista’s increase this year will be spent on pouring its money into improving its electrical plants. In previous years, Avista paid for a new natural gas plant and settled litigation with the Coeur d’Alene tribe.
It will be 11 months before we know if Avista gets permission from the Washington Utilities and Transportation Commission.
Avista pays out tens of millions to "investors" , the CEO and other administrators when the real investors are the ratepayers!
Avista is a monopoly and it´s ripping off the ratepayers. This company should be run at the cost of providing services and not for the benefit of so-called investors and ridiculously paid staff.
This is the kind of runaway capitalism that´s breaking the backs of the working people in this country and running America into debt it can´t cover. May 18, 2011 | Reply to this comment
They are allowed a set profit, but they, like most big corporations, have many lawyers and accountants working on methods to disguise their profits and how they use them.
The people demand complete ´transparency´. Avista should be required to post a complete accounting of every dollar received from the citizens and where every dollar went - in plain language. May 24, 2011 | Reply to this comment