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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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March 2, 2015
19:12 EDTBKHBlack Hills subsidiary receives regulatory approval to increase revenues
Black Hills Corp. utility subsidiary Black Hills Power received approval from the South Dakota Public Utilities Commission of a settlement agreement that allows the company to increase its electric revenues in South Dakota. The agreement between Black Hills Power and PUC Commission staff completes proceedings in the rate request Black Hills filed with the PUC in March 2014, and permits the utility to increase electric rates for its 65,500 customers in South Dakota on April 1. The new rates will generate an estimated $6.89M in additional annual revenue. The settlement does not stipulate return on equity and capital structure.

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