Utility Requests 19 Percent Rate Increase in Colorado

Link here.

Black Hills Energy is asking Colorado regulators for a rate increase that would boost a typical residential bill by nearly $19 a month and a typical small-business bill by about $67 a month.

The company said Friday the increase would generate about $40 million more a year, an increase of nearly 19 percent in the annual revenue of its Colorado subsidiary.

FLASHBACK: 

April 6, 2011: Colorado: the state must have missed the memo -- renewable energy is going to push utility rates through the roof; Colorado mandates that utilities supplying electricity to Colorado must get 30% of their energy through renewable energy (euphemism for "wind")

Meanwhile, expect the same in South Dakota -- a rate increase for a transmission line that may not be needed (if the administration goes "thumbs down" on TransCanada's Keystone XL).  My bet: the Keystone XL permit will not be approved by this administration this year.