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Black Hills Corp. Electric Utility Files Rate Review Application With South Dakota Public Utilities Commission, Seeks $50.6M In New Annual Revenue For Recovery Of ~$523M Investment

Benzinga·02/19/2026 13:53:02
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Black Hills Corp. (NYSE:BKH) today announced that its electric utility has filed a rate review application with the South Dakota Public Utilities Commission (PUC) requesting recovery of the necessary capital infrastructure and operational costs required to deliver safe, reliable electric service to approximately 75,000 customers in South Dakota.

The company is seeking $50.6 million in new annual revenue for recovery of approximately $523 million of critical investments since its last rate review in 2014 and increased costs of delivering safe and reliable electric service to homes and businesses. This includes investments to strengthen the electric grid, maintain reliability and reduce wildfire risk.