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Black Hills Corp. Electric Utility Receives Approval for New Rates in Colorado
BKHBlack Hills (BKH) GlobeNewswire·2025-03-24 20:35

RAPID CITY, S.D., March 24, 2025 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its electric utility subsidiary in Colorado received approval from the Colorado Public Utilities Commission for new rates. The approved new rates will provide recovery of approximately 370millionofsysteminvestmentssincetheutilityslastgeneralratefilingin2016andinflationaryimpactsoncoststoservecustomers.Theapprovednewratesprovideapproximately370 million of system investments since the utility’s last general rate filing in 2016 and inflationary impacts on costs to serve customers. The approved new rates provide approximately 17.0 million of new annual revenues ...