Black Hills Energy Receives Approval for Consolidation and New Rates in Wyoming
Thursday, December 19, 2019
New rates reflect company’s significant investments in safety and reliability of its Wyoming gas system.
Black Hills Energy received approval today from the Wyoming Public Service Commission of a settlement agreement allowing the company to consolidate its base rates and tariffs and for a general rate increase.
This approval is the final step in Black Hills’ utility jurisdiction consolidation process for Wyoming. Previously, Black Hills Energy received approval from the WPSC and legally consolidated its four natural gas utilities in the state. This settlement agreement allows Black Hills Energy to establish statewide customer rates and consolidate general tariffs, gas cost adjustments, and certain riders and adjustment clauses.
“Black Hills Energy has made significant and necessary investments in its natural gas system in Wyoming,” said Jim Seward, Vice President of Wyoming Operations. “Some of our major projects include the Natural Bridge pipeline in the Casper area, the Snowy Range Loop in Laramie and the Orin Lateral extension in Douglas. These investments, as well as others across our service footprint in Wyoming, enable us to provide additional natural gas service and capacity necessary for continued reliability, economic development and growth in the state.”
Overall, Black Hills Energy has invested approximately $150 million, since 2018 in safety, reliability and system integrity for its nearly 6,000 miles of Wyoming transmission and distribution pipeline to serve its 129,500 customers.
The new rates will go into effect, March 1, 2020, to recover Black Hills Energy’s investment in utility infrastructure and increased operating expenses. For detailed information regarding the new rates please visit: www.blackhillsenergy.com/ReliableWY.
Article courtesy of the Weston County Gazette.