Exhibit 99.1 Contact: Media: Lena Funston (509) 495-8090 lena.funston@avistacorp.com Investors: Stacey Wenz (509) 495-2046 stacey.wenz@avistacorp.com Avista 24/7 Media Access (509) 495-4174 Avista Corp. Announces 2023 Results and Initiates 2024 Earnings Guidance • 2023 consolidated earnings per diluted share of 2.24•SignificantimprovementinAvistaUtilitiesearningsreflectsthebenefitsofcostrecoveryandcostmanagement•2024consolidatedearningsguidanceinitiatedat2.36 to $2.56 per diluted s ...