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Black Hills Power rates going up 6.4 percent
• RAPID CITY, S.D. (AP) -- Black Hills Power says the South Dakota Public Utilities Commission has approved a settlement that will increase electric rates 6.4 percent.
• The Rapid City-based company says the annual revenue increase of $8.8 million is the result of an agreement involving Black Hills Power, PUC staff and other parties.
• It filed a request in December to increase rates by 9.94 percent and was allowed to implement that adjustment on an interim basis June 16.
• Since the approved increase is lower, rates billed to customers will be reduced on Oct. 1 to the 6.4 percent and charges for service between June 16 and Sept. 30 will be recalculated. Customer bills will be credited with the refund starting in November.
• Black Hills Power is a subsidiary of Black Hills Corp.
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10 Things to Know for Today
The Associated Press
• Your daily look at late-breaking news, upcoming events and the stories that will be talked about today:
• 1. GUNFIRE ERUPTS AT CHICAGO PARK
• A witness says dreadlocked men in a car open fire in a nighttime attack on people in a city park. At least 13 are wounded, including a 3-year-old child.
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• 2. AL-QAIDA MILITANTS LAUNCH ATTACK IN YEMEN
• At least 38 soldiers are killed and dozens wounded when extremist fighters surprise the troops in their barracks in coordinated attacks at dawn.
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• 3. CLASH LOOMS OVER OBAMACARE
• The GOP-led House is poised to ship a bill to the Senate aimed at crippling the president's signature health care law.
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• 4. 'GET DOWN!': WOMAN'S FRANTIC ESCAPE FROM THE NAVY YARD
• A worker describes what it was like inside the building when a former serviceman went on a shooting rampage, killing 12.
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