NYSE:BKHIntegrated Utilities
Is Nebraska Rate Hike And Safety Rider Deal Reshaping The Investment Case For Black Hills (BKH)?
In December 2025, Black Hills Corp. reported that its Nebraska natural gas utility won Nebraska Public Service Commission approval for new rates, allowing recovery of over US$453 million in system investments since 2020 and adding US$42.4 million in annual base rate revenue starting January 2026.
The settlement not only locks in a 9.85% allowed return on equity but also renews a five-year System Safety and Integrity Rider and introduces new trackers and a weather normalization pilot,...