CHEYENNE, Wyo. – Jan. 30, 2023 – Black Hills Corp.’s electric utility, Cheyenne Light, Fuel and Power, doing business as Black Hills Energy, announced today the approval by the Wyoming Public Service Commission to implement new rates for electric service, effective for customer usage on and after March 1, 2023. The rates recover the costs of necessary capital investments made to enable safe, reliable electric service for customers in Cheyenne while supporting growing energy demand in the region.
As approved, residential customers with an average usage will see an increase of approximately $8 per month. Small commercial customers with an average usage will see an increase of approximately $10 per month. The rates include a new transmission cost adjustment mechanism that will be filed annually to recover transmission investment and expenses. (Average residential usage is 600 kilowatt-hours per month and small commercial usage is 975 kilowatt-hours per month).
This is the first rate adjustment requested by the company in more than eight years. Since that time, Black Hills Energy has invested approximately $250 million in the safety, reliability, and integrity of its electric system, spanning 1,400 miles of distribution and transmission lines.
“As an energy company that serves more than 44,000 electric customers in Cheyenne, it’s our responsibility to consistently and prudently make investments in the safety and resilience of our system on behalf of our customers and the communities we serve,” said Mark Stege, Black Hills Energy’s vice president of Wyoming operations. “We recognize the impact these investments can have on customer bills, so we’re diligent in our planning and budgeting.”
Learn more at blackhillsenergy.com/clfp-rate-review.
Black Hills Energy News
-
MOUNTAIN HOME, AR – Dec. 23, 2022 – Immediately following restoration of system pressure in Mountain Home at approximately 8 p.m. this evening, technicians began the relighting process for our residential customers. Thirty Black Hills Energy technicians and team members from across Arkansas with…
-
MOUNTAIN HOME, AR – Dec. 23, 2022 – Black Hills Energy technicians are working nonstop to complete a multistep process to restore natural gas service as quickly and safely as possible in Mountain Home. Technicians are going door to door turning off service to 339 impacted natural gas meters to…
-
DENVER – Dec. 22, 2022 – The arctic air and sub-zero temperatures have descended on Colorado and surrounding states, keeping people indoors and causing some to take unusual steps to try and stay warm, which could lead to dangerous carbon monoxide build-up or poisoning. Five cold weather safety…
-
LINCOLN, Neb. – December 20, 2022 – This week, Nebraska forecasts are calling for chilly temperatures and the potential for measurable snowfall. With frigid air on the way, Black Hills Energy wants you to be prepared. “Nebraskans deserve safe and reliable natural gas, so we’ve built our system…