Economy
Black Hills Power seeks interim rate increase until SD commission decides earlier case
Associated Press
03/08/10 7:50 AM PST
RAPID CITY, S.D. — Black Hills Power wants to boost its electric rates by 20 percent until state regulators decide the company's earlier request for an even larger rate hike.
The Rapid City-based utility company filed a 26.6 percent rate increase request with the Public Utilities Commission last Sept. 30 to cover costs of the startup of a generating plant in Wyoming. The request is pending before the commission and would add about $18 a month to the typical household bill.
Until that case is settled, the company says it needs the 20 percent increase starting April 1. The rate case affects about 64,100 customers in western South Dakota.
Black Hills Power is a subsidiary of Black Hills Corp.
