Nebraska Approves New Natural Gas Rates for Black Hills Corporation

Reuters
2025.12.09 21:15
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Nebraska Public Service Commission approved new natural gas rates for Black Hills Corporation, effective January 1, 2026. The rates will generate $23.9 million in new annual revenues and increase total annual base rate revenue by $42.4 million. The approval includes a System Safety and Integrity Rider, new insurance and gas plant trackers, and a weather normalization pilot program. The rates are based on a 9.85% return on equity and a 50.5% equity capitalization structure.