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Black Hills Energy Arkansas Receives Approval for New Rates

Oct 02, 2024over 1 year ago

Contract Type

agreement

Rapid CityEnergyOil And GasRenewable EnergyBiomass Energy

Description

Black Hills Energy Arkansas, Inc., doing business as Black Hills Energy, has received approval from the Arkansas Public Service Commission of a unanimous settlement agreement for new rates effective with October billing cycles. The new rates are designed to recover approximately $130 million of pipeline system investments since the utility’s last general rate filing in 2021.

Company Information

Company

Black Hills

Location

Rapid City, South Dakota, United States

About

The company expects the offering to close on March 7, 2023, subject to customary closing conditions. Based in Rapid City, South Dakota, the company serves 1.3 million natural gas and electric utility customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming.

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