By Associated Press - Wednesday, June 17, 2015

PIERRE, S.D. (AP) - The South Dakota Public Utilities Commission has approved a utility company’s first natural gas rate increase in 11 years and its first electric rate hike in two decades.

The regulatory commission agreed to the increases, which were negotiated down from what MidAmerican Energy originally requested, at a meeting Tuesday in Pierre.

The natural gas rate increase will hike the rates of the firm’s 88,000 natural gas customers in the state by an average of about 5.7 percent. MidAmerican’s roughly 5.7 percent average increase for its electric customers isn’t scheduled to fully go into effect for some time.

The firm has agreed not to ask the commission for an electric or natural gas base rate increase until at least February 2018.

Sign up for Daily Newsletters

Manage Newsletters

Copyright © 2021 The Washington Times, LLC.

Please read our comment policy before commenting.


Click to Read More and View Comments

Click to Hide