On June 8, 2010, Black Hills Energy (BHE) filed a proposal for a permanent annual revenue increase of approximately $4.7 million (2.9 percent), which if granted would raise monthly bills of residential customers an average of about 3.4 percent.
As permitted by Iowa law, a temporary rate increase of about 1.6 percent ($2.6 million annual revenue increase), not requiring pre-approval from the Board, went into effect on June 18, 2010. If the permanent rates granted are less than the temporary rates, customers will receive a refund plus interest for any over-collection.
Three customer comment meetings were held to allow verbal questions and comments to be directed to representatives of the utility, the IUB, and the Office of Consumer Advocate, which represents the general interests of customers in IUB proceedings.
Consumer comment meetings:
- Newton - Tuesday, June 29 @ 6:30 pm. DMACC Auditorium, 600 North 2nd Avenue
- Dubuque - Wednesday, June 30 @ 6:30 pm. City Council Chambers, 2nd Floor, Federal Building, 350 West 6th Street
- Council Bluffs - Thursday, July 1 @ 6:30 pm. Public Library, 400 Willow Avenue
A decision meeting in this proposed rate increase proceeding was held on January 7, 2011 at 9 a.m. Preliminary details of the decision may be found in the January 7, 2011, news release; full details will be available when the written decision order is issued.