Phone: 1.803.358.3618 • Fax: 1.803.358.3636 100 Innovation Place • Lexington SC 29072 USA avtecinc.com Black Hills Energy Case Study Black Hills Energy is a diversified investor-owned electric utility (IOU) based in Rapid City, South Dakota, with additional corporate offices in Denver, Colorado and Papillion, Nebraska. Black Hills Energy serves 777,000 natural gas and electric utility customers in Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota, and Wyoming. The company also has a business segment that generates wholesale electricity, produces natural gas and crude oil, and mines coal. More than 1,948 employees are treated as partners to produce results that improve life with energy. Among the most treacherous terrain in the contiguous United States, the mountainous

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