Commission Approves Black Hills Refund Plan

News Release Graphic

FOR IMMEDIATE RELEASE:
April 14, 2026

PSC APPROVES BLACK HILLS REFUNDS

LINCOLN – The Nebraska Public Service Commission (PSC) 
today approved a refund plan from Black Hills Energy that will 
return approximately $4.7 million to the utility’s natural gas 
customers across the state. The refunds, which will include 
interest, reflect the difference between interim rates Black 
Hills began charging customers in August 2025 and final 
PSC-approved rates that took effect Jan. 1. 

Under the approved plan:

  • Most current customers will receive a one-time credit 
    on an upcoming bill.
  • Actual refund amounts customers receive will vary 
    based on usage during the period of interim rates.
  • Residential customers will receive an average refund
     of about $15.
  • Large commercial customers will receive an average 
    refund of about $131.
  • Small commercial customers will not receive refunds 
    because their final rates are the same as the interim rates.

Former customers owed more than $2 will receive refunds by 
check through the U.S. mail. Undeliverable checks as well as 
refunds for former customers owed $2 or less will be turned 
over – or escheated – to the state pursuant to Nebraska law. 

“We appreciate the collaborative effort from all parties – 
including Black Hills, Commission staff, independent 
consultants and the Public Advocate who represented the 
ratepayers in this case," PSC Chair Tim Schram said. “They 
came together to create a fair plan, and we look forward to 
customers receiving these refunds in a timely, efficient 
manner.”

Following completion of the refund process, Black Hills will file 
a final report with the Commission detailing the total amounts 
refunded to customers and escheated to the state.

The refund plan follows Commission approval of the 
utility’s rate increase request in December. Those rates 
became effective Jan. 1, replacing the interim rates that had 
been in place since Aug. 1, 2025.

Under the new rates, the average monthly impact to bills is 
$2.85 for residential customers, $5.34 for small commercial 
customers and $72.01 for large commercial customers.

Additional information for Black Hills customers is available here.

###

Media Contact:
Jason McFarley – Public Information & Education Officer
(402) 430-5640
jason.mcfarley@nebraska.gov

Black Hills HQ building