Black Hills Corp. Gas Utility Receives Approval for New Rates in Arkansas
Key Highlights
- ➤Arkansas utility receives approval for new rates effective Oct. 12, 2026
- ➤New rates recover approximately $147 million of system investments
- ➤New rates generate approximately $17.9 million in annual revenues
- ➤Approved rates reflect 9.8% return on equity and 47.5% equity capitalization
Expert Statements
Linn Evans, President and CEO of Black Hills Corp.
“This approval supports our ability to deliver on our commitment to serve our Arkansas customers with the safe and reliable natural gas service they depend on and support ongoing growth needs in the state.”
Linn Evans, President and CEO of Black Hills Corp.
“We are proud of our solid track record of delivering for the needs of our customers, and we remain diligently focused on maintaining dependable natural gas service in Arkansas.”
RAPID CITY, S.D., Oct. 13, 2026 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its natural gas utility subsidiary in Arkansas received approval from the Arkansas Public Service Commission of new rates. The new rates will provide recovery of approximately $147 million of system investments since the utility’s last general rate filing in 2023 and operational costs required to deliver safe, reliable natural gas service for over 189,000 Arkansas customers in more than 100 communities in Arkansas.
“This approval supports our ability to deliver on our commitment to serve our Arkansas customers with the safe and reliable natural gas service they depend on and support ongoing growth needs in the state,” said Linn Evans, president and CEO of Black Hills Corp. “We are proud of our solid track record of delivering for the needs of our customers, and we remain diligently focused on maintaining dependable natural gas service in Arkansas.”
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