Black Hills Corp. Requests Rate Review in Arkansas

Core Viewpoint - Black Hills Corp. has filed a rate review application with the Arkansas Public Service Commission, seeking $29.4 million in new annual revenue to cover capital infrastructure and operational costs for its natural gas utility serving over 189,000 customers in Arkansas [1][2]. Summary by Sections Rate Review Application - The company is requesting $29.4 million in new annual revenue to recover necessary costs for safe and reliable natural gas service [1]. - This request is based on a capital structure of 50.2% equity and 49.8% debt, with a targeted return on equity of 10.5% [3]. Infrastructure Investments - Black Hills Corp. aims to recover approximately $147 million invested in safety, reliability, and system integrity for its natural gas pipeline infrastructure since the last general rate filing in 2023 [2]. - These investments are essential for system growth and compliance with state and federal regulations [2]. Company Overview - Black Hills Corp. serves 1.35 million natural gas and electric utility customers across eight states, including Arkansas, Colorado, and South Dakota [4]. - The company emphasizes its commitment to providing safe and reliable natural gas service while supporting growth through critical infrastructure investments and prudent cost management [3].