Black Hills Energy Rate Decreasing? | Big Horn Basin Media

Black Hills Energy Applies to Decrease Rates

Written by on December 3, 2018

Black Hills Energy has applied to decrease customers’ energy rates in response to corporate tax legislation passed last year.
In an article from Wyoming News Exchange, it was reported that the utility provider asked the Wyoming Public Service Commission for authority to reduce rates by $5.5 million total to account for the ongoing effect of the federal Tax Cuts and Jobs Act of 2017.
The legislation lowered corporate tax rates from 35 percent to 21 percent, and some utility providers across the country are lowering customer rates as a result. Black Hills also asked the commission to approve a one-time credit to account for charges accrued in 2018.
The commission has up to 10 months to issue an order on the filing, though, to allow for additional public comment and consideration, according to a Public Service Commission attorney.
Representatives said they don’t know how much of a reduction the average residential customer can expect until a decision is made. The company has already lowered rates in some Colorado and Nebraska communities.

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