Black Hills Corp. Gas Utility Receives Approval for New Rates in Arkansas
Black Hills Corp.'s Arkansas natural gas utility received approval from the Arkansas Public Service Commission for new rates effective Oct. 12, 2026. The new rates recover approximately $147 million of system investments since the 2023 rate filing and add roughly $17.9 million of new annual revenues, based on a 9.8% ROE with 47.5% equity capitalization.
Key figures
- Allowed roe
- 9.8%
- New annual revenue
- $17.9 million
- Debt capitalization
- 52.5%
- Equity capitalization
- 47.5%
- Recovered system investments
- approximately $147 million
AI analysis
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