Black Hills Energy Cuts Renewables Payout

By Amalie Henden Last week the South Dakota Public Utilities unanimously approved a 19 per cent reduction in pay for renewables – that is the generation credit rate Black Hills Energy pays to small renewable energy producers. This is a kick in the teeth to all who invested in renweable energy thinking they could forecast the payback time and the hit on their own personal finances.
The generation credit rate will be set to 2.75 cents per kilowatt-hour, from the current rate on 3.32 cents.
The commissionion says it may also wants to set generation credit rates differently for the kinds of fuel used to

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