- Associated Press - Monday, October 27, 2014

WICHITA, Kan. (AP) - State officials and Black Hills Energy have reached a settlement in the utility company’s request to raise natural gas rates.

The settlement announced late Friday will raise costs for Black Hills gas customers but by much less than the company requested.

If the settlement is approved by state regulators, it would raise overall rates by about $735,000, which is about $3 a year for the average customer. Black Hills Energy sought a $5.1 million net increase, which would have raised the average bill $4.17 a month.

The Wichita Eagle reports (https://bit.ly/1rFQKMG ) all the parties to the case have signed off on the agreement.

Black Hills, which is based in South Dakota, has about 110,000 customers in Kansas, about a third of those in the Wichita area.

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Information from: The Wichita (Kan.) Eagle, https://www.kansas.com

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