Black Hills Corporation faces community backlash over proposed rate increases in Pueblo

This article was created by AI using a video recording of the meeting. It summarizes the key points discussed, but for full details and context, please refer to the video of the full meeting. Link to Full Meeting

The Colorado Public Utilities Commission convened on December 2, 2024, to discuss the tariff application submitted by Black Hills Colorado Electric, which has sparked significant community concern over rising electricity rates. The meeting highlighted the strained relationship between the utility company and the Pueblo community, with many residents expressing dissatisfaction over high rates that they believe hinder economic development.

During the proceedings, a key point of contention was whether Black Hills would consider selling to a larger utility. Company representatives indicated a willingness to listen to offers but noted that there had been no recent proposals. This response came amid ongoing public sentiment that the community would prefer a different utility provider due to dissatisfaction with Black Hills' service and pricing.

The discussion also touched on the company's approach to affordability in its rate applications. Critics, including community representatives, argued that Black Hills has not adequately addressed affordability in its proposals, leading to calls for a reassessment of how rates are structured. The company’s leadership defended their position, stating that they had made adjustments in response to customer feedback and had scaled back their initial rate increase request.

The meeting underscored the balancing act the commission faces in establishing just and reasonable rates while ensuring that the utility can meet its operational obligations. Black Hills representatives emphasized that they have not earned their authorized rate of return in recent years, citing rising costs in labor, materials, and other operational expenses.

As the commission deliberates on the application, the outcome could have significant implications for both the utility and the community it serves. The discussions revealed a clear divide between the utility's operational needs and the community's demand for more affordable energy solutions. The next steps will likely involve further scrutiny of Black Hills' proposals and continued public engagement to address the community's concerns.

Converted from 24AL-0275E, Black Hills Colorado Electric - AL 871 - Tariff 11 - ERC - 12-2-24 - HRA (1 of 8) meeting on December 02, 2024
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