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Stock Market & Financial Investment News

News Breaks
December 10, 2012
18:59 EDTBKHBlack Hill subsidiary's natural gas rates approved
Black Hills/Colorado Gas Utility Company, d/b/a Black Hills Energy, a subsidiary of Black Hills Corp. (BKH), on Dec. 5 received a recommended decision from a Colorado Public Utilities administrative law judge approving a settlement that will implement a less than 1% increase in rates at its Colorado natural gas utility. Rates are effective Dec. 10 as ordered by the administrative law judge. The administrative law judge approved a $174,000, or approximately 0.83% increase in annual natural gas revenues. The judge also approved a 9.6% return on equity and a capital structure of 50% equity and 50% debt. The last base rate increase for Black Hills/Colorado Gas Utility Company customers was effective April 1, 2009.
News For BKH From The Last 14 Days
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December 19, 2014
16:36 EDTBKHBlack Hills Energy receives regulatory approval to increase revenues
Black Hills Corp. subsidiary Black Hills Energy received approval from the Colorado Public Utilities Commission for an estimated $3M per year in additional revenue, effective Jan. 1, 2015. The new rates provide a return on additional capital investments made in 2012 and 2013 totaling $54M by the utility to maintain and enhance its electrical service infrastructure since the last rate case, in 2012. Those investments include the 29-megawatt Busch Ranch Wind Farm south of Pueblo, in operation since October 2012. The new natural gas-fired turbine at the company's Pueblo Airport Generating Station will replace the coal-fired W.N. Clark power plant. The new turbine is expected to begin commercial operation in early 2017.
December 17, 2014
05:15 EDTBKHBlack Hills receives regulatory approval to increase prices
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