Wyoming Public Service Commission

Black Hills Corp. Reports 2024 First-Quarter Results and Reaffirms 2024 Earnings Guidance

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onsdag, maj 8, 2024
Sale, EDT, Weather, Wyoming Public Service Commission, Colorado Public Utilities Commission, Natural gas, Black Hills Corporation, Heat, RNG, Webcast, Wind, Acquisition, Fitch Ratings, File, Growth, Select, Security (finance)

On Jan. 31, Black Hills Energy Renewable Resources, a non-regulated subsidiary of Black Hills Corp., acquired a renewable natural gas production facility at a landfill in Dubuque, Iowa.

Key Points: 
  • On Jan. 31, Black Hills Energy Renewable Resources, a non-regulated subsidiary of Black Hills Corp., acquired a renewable natural gas production facility at a landfill in Dubuque, Iowa.
  • Members of Black Hills' senior leadership team are scheduled to meet with investors during the 2024 AGA Financial Forum on May 19-21.
  • Leadership will be available to discuss Black Hills’ guidance, long-term growth target, regulatory updates and other factors relating to its business.
  • Materials for the conference will be available prior to the meetings on the “Investor Relations” section of Black Hills Corp. website at www.blackhillscorp.com.

Black Hills Corp. Natural Gas Utility Requests Approval of Settlement Agreement for Rate Review in Wyoming

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tisdag, oktober 24, 2023
Black Hills Corporation, Weather, NYSE, Life, Carbon, City, Wyoming Public Service Commission, Investment, Hearing, Natural gas

CHEYENNE, Wyo., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Wyoming natural gas utility, Black Hills Wyoming Gas, LLC, doing business as Black Hills Energy, filed a settlement agreement for approval by the Wyoming Public Service Commission for its application for new rates to recover over $140 million of investments since 2019 in its more than 6,400-mile natural gas system.

Key Points: 
  • CHEYENNE, Wyo., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Wyoming natural gas utility, Black Hills Wyoming Gas, LLC, doing business as Black Hills Energy, filed a settlement agreement for approval by the Wyoming Public Service Commission for its application for new rates to recover over $140 million of investments since 2019 in its more than 6,400-mile natural gas system.
  • The agreement also approves the establishment of the Green Forward Program, a voluntary renewable natural gas environmental attribute and carbon offset pilot program.
  • Black Hills Corp. (NYSE: BKH) is a customer focused, growth-oriented utility company with a tradition of improving life with energy and a vision to be the energy partner of choice.
  • Based in Rapid City, South Dakota, the company serves 1.33 million natural gas and electric utility customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming.

Black Hills Corp. Natural Gas Utility Requests Rate Review and Rider Renewal in Wyoming

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torsdag, maj 18, 2023
Life, Black Hills Corporation, Wyoming Public Service Commission, City, Investment, Natural gas, Transport, NYSE, Safety, Public utility

CHEYENNE, Wyo., May 18, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Wyoming natural gas utility, Black Hills Wyoming Gas, LLC, doing business as Black Hills Energy, filed a rate review application with the Wyoming Public Service Commission requesting $19.3 million in new annual revenue.

Key Points: 
  • CHEYENNE, Wyo., May 18, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Wyoming natural gas utility, Black Hills Wyoming Gas, LLC, doing business as Black Hills Energy, filed a rate review application with the Wyoming Public Service Commission requesting $19.3 million in new annual revenue.
  • Black Hills Energy has invested over $140 million in safety, system integrity and reliability for its more than 6,400-mile natural gas utility system in Wyoming since its last rate review in 2019.
  • These critical investments were required to ensure the safe and reliable delivery of natural gas and transportation services and meet compliance requirements of state and federal regulations.
  • Based in Rapid City, South Dakota, the company serves 1.33 million natural gas and electric utility customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming.

Black Hills Corp. Reports 2023 First-Quarter Results and Reaffirms 2023 Earnings Guidance

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onsdag, maj 3, 2023
Maintenance, S&P Global, Interest, Wyoming Public Service Commission, Sale, Wind, Electric utility, Investment, Colorado Public Utilities Commission, Depreciation, Weather, Black Hills Corporation, Total, Life insurance, Renewable energy, Pharmaceutical industry, Security (finance), Commercial property

Under the plan, Black Hills can own up to 200 megawatts of the 400 megawatts of clean energy resources necessary to meet the plan’s emission goals.

Key Points: 
  • Under the plan, Black Hills can own up to 200 megawatts of the 400 megawatts of clean energy resources necessary to meet the plan’s emission goals.
  • On March 7, Black Hills completed a public debt offering of $350 million, 5.95% senior unsecured notes due March 15, 2028.
  • On Feb. 17, S&P Global Ratings affirmed Black Hills' issuer credit rating of BBB+ with a stable outlook.
  • *
    * Guidance assumptions for interest expense and operating expense are being provided for only 2023 due to ongoing volatility in inflation and rising interest rate environments.

Black Hills Corp. Wyoming Electric Utility Receives Approval for Ready Wyoming Transmission Expansion Project

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onsdag, oktober 12, 2022
Black Hills Corporation, Life, Natural gas, NYSE, Wyoming Public Service Commission, RAPID, CEO, GLOBE, City, Oil

RAPID CITY, S.D., Oct. 12, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Wyoming electric utility subsidiary, Cheyenne Light, Fuel and Power Company, doing business as Black Hills Energy, received a bench decision from the Wyoming Public Service Commission approving a certificate of public convenience and necessity to construct an estimated $260 million transmission expansion project.

Key Points: 
  • RAPID CITY, S.D., Oct. 12, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Wyoming electric utility subsidiary, Cheyenne Light, Fuel and Power Company, doing business as Black Hills Energy, received a bench decision from the Wyoming Public Service Commission approving a certificate of public convenience and necessity to construct an estimated $260 million transmission expansion project.
  • The approximately 260-mile transmission project, known as Ready Wyoming, will help meet current and growing energy needs of customers in Wyoming.
  • The expansion project will provide customers long-term price stability while enhancing the resiliency of the electric system and expanding access to power markets and renewable energy resources.
  • Construction of the transmission expansion project is expected to commence in 2023 and be completed in multiple phases through 2025.

Black Hills Corp. Electric Utility in Wyoming Completes Agreement for First Customer under Blockchain Tariff

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tisdag, juni 21, 2022
RAPID, Tax, Blockchain, CEO, City, Black Hills Corporation, Mining, Natural gas, Wyoming Public Service Commission, Legislation, Employment, NYSE, GLOBE, Life, Cryptocurrency

RAPID CITY, S.D., June 21, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Wyoming electric utility, Cheyenne Light, Fuel and Power Company, doing business as Black Hills Energy, completed its first agreement for service under its Blockchain Interruptible Service Tariff.

Key Points: 
  • RAPID CITY, S.D., June 21, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Wyoming electric utility, Cheyenne Light, Fuel and Power Company, doing business as Black Hills Energy, completed its first agreement for service under its Blockchain Interruptible Service Tariff.
  • Under the five-year agreement, Black Hills Energy will deliver up to 45 megawatts of electric service with an option to expand service up to 75 megawatts to a new customer in Cheyenne, Wyoming.
  • Energy will be sourced through the electric energy market and delivered through Black Hills electric infrastructure.
  • The Blockchain Interruptible Service Tariff was proposed by Black Hills and approved by the Wyoming Public Service Commission in 2019.

Black Hills Corp. Electric Utility Requests Rate Review in Wyoming

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onsdag, juni 1, 2022
Life, Black Hills Corporation, RAPID, Wyoming Public Service Commission, CEO, Investment, City, Natural gas, GLOBE, NYSE, Safety, Oil

RAPID CITY, S.D., June 01, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Wyoming electric utility, Cheyenne Light, Fuel and Power Company, doing business as Black Hills Energy, filed a rate review application with the Wyoming Public Service Commission requesting $15.4 million in new annual revenue.

Key Points: 
  • RAPID CITY, S.D., June 01, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Wyoming electric utility, Cheyenne Light, Fuel and Power Company, doing business as Black Hills Energy, filed a rate review application with the Wyoming Public Service Commission requesting $15.4 million in new annual revenue.
  • Since the companys last general rate filing in 2013, Black Hills Energy has invested approximately $250 million in safety, reliability and system integrity for more than 1,330 miles of electric distribution and 59 miles of electric transmission lines, which serve approximately 44,000 electric customers in Cheyenne.
  • This rate review request reflects our long-standing commitment to our customers and to the greater Cheyenne community to deliver safe and reliable service, said Linn Evans, president and CEO of Black Hills Corp.
  • As proposed, the rate review requests a capital structure of 54% equity, 46% debt and a return on equity of 10.3% for investments the company has made in its electric system in Cheyenne.

Black Hills Corp. Reports Strong First Quarter 2022 Results and Reaffirms Earnings Guidance

Retrieved on: 
onsdag, maj 4, 2022
Storm, COVID-19, Weather, Investment, Population, Wyoming Public Service Commission, Constructive, Maintenance, LLC, Black Hills Corporation, Safety, Leg, Kansas Corporation Commission, Program, February 13–17, 2021 North American winter storm, City, Colorado Public Utilities Commission, Arkansas Public Service Commission, EPS, Solution, CEO, Kansas Gas Service, Wind, Risk management, Uranium, Renewable energy, Public utility, Oil

Earnings per share increased 18% in the first quarter of 2022 compared to the first quarter of 2021.

Key Points: 
  • Earnings per share increased 18% in the first quarter of 2022 compared to the first quarter of 2021.
  • Earnings benefited from new rates and rider recovery, customer growth, increased off-system energy sales and mark-to-market benefits on energy contracts.
  • Im pleased with our strong first quarter financial and operational performance, said Linn Evans, president and CEO of Black Hills Corp. We delivered financial results in line with our expectations, and we are reaffirming our 2022 EPS guidance of $3.95 to $4.15.
  • During the first quarter, Black Hills issued 55,707 shares of new common stock for net proceeds of $3.8 million under its at-the-market equity offering program.

Black Hills Corp. Wyoming Electric Utility Requests Approval for Ready Wyoming Transmission Expansion Project

Retrieved on: 
tisdag, februari 15, 2022
NYSE, CEO, RAPID, Black Hills Corporation, Natural gas, Wyoming Public Service Commission, Life, GLOBE, City, Oil

RAPID CITY, S.D., Feb. 15, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Wyoming electric utility subsidiary, Cheyenne Light, Fuel and Power Company, doing business as Black Hills Energy, submitted a request to the Wyoming Public Service Commission seeking approval for a certificate of public convenience and necessity to construct an estimated 260-mile transmission expansion project.

Key Points: 
  • RAPID CITY, S.D., Feb. 15, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Wyoming electric utility subsidiary, Cheyenne Light, Fuel and Power Company, doing business as Black Hills Energy, submitted a request to the Wyoming Public Service Commission seeking approval for a certificate of public convenience and necessity to construct an estimated 260-mile transmission expansion project.
  • As proposed, the approximately $260 million transmission expansion project, known as Ready Wyoming, would provide customers long-term price stability and greater flexibility as power markets develop in the Western states.
  • If approved, the project will interconnect Black Hills Energys South Dakota, eastern Wyoming and Cheyenne electric transmission systems.
  • The Ready Wyoming expansion project includes one new substation, two replacement substations, four expanded substations, three new 230-kilovolt transmission lines and two new 115-kilovolt transmission lines.