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0 0 0.00779661016949154 0.00779661016949154 0.0137288135593221 0.0137288135593221 0.0137288135593221 0.0137288135593221
Stock impact report

Black Hills Corp. Electric Utility Receives Approval for New Rates in Colorado

Black Hills Corporation (BKH) 
Last black hills corporation earnings: 2/6 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.blackhillscorp.com
Company Research Source: GlobeNewswire
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 $370 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 based on a weighted average cost of capital of 6.90% with a capital structure in a range of 47% to 49% equity and 51% to 53% debt, and a return on equity in a range of 9.3% to 9.5%. The new rates were effective on March 22, 2025. As part Read more
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