City of Vermillion Electric Utilities

About City of Vermillion Electric Utilities

A total of 4,876 customers (87.37% residential customers and 12.63% commercial accounts) purchase their electricity from the company. City of Vermillion Electric Utilities bills their customers a residential electricity price of 12.95 cents per kilowatt hour on average. This is, unfortunately for their patrons, 6.26% more than the state's average rate of 12.18 cents. In 2019 they sold 68,266 megawatt hours via retail sales to end users. During the same timeframe, the provider acquired 70,194 megawatt hours by way of wholesale channels. In 2019, the supplier made a total of $7,616,000 from business activities relating to the sale and transfer of electricity. They had 88.18% of their revenue coming from retail sales to end users.

The average residential electricity bill for a consumer of City of Vermillion Electric Utilities is $82.21. The supplier currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it to end customers.

City of Vermillion Electric Utilities Net Metering

Luckily, City of Vermillion Electric Utilities allows their consumers to take part in net metering. Without net metering, solar panel purchased are significantly less attractive economically, as individuals have no way to sell extra electricity back to their provider.

City of Vermillion Electric Utilities Rate & Electric Bills

City of Vermillion Electric Utilities residential electric rates are highest in January and the highest average bill is in October.

Historical Electric Rates:

Price Per kWHAverage Bill$0.129/kWh$0.109/kWh$82.21/mo.$69.22/mo.
1929th12.95¢City of Vermillion Electric Utilities's Average residential price per kWh
514th$82.21Average monthly electric bill for City of Vermillion Electric Utilities's residential customers

City of Vermillion Electric Utilities Overview

  • Company Type:Municipal
  • Headquarters:115 West Duke Street
    Vermillion, South Dakota 57069
    United States of America
  • CEO:Kelsey Collier-Wise

City of Vermillion Electric Utilities Contact

City of Vermillion Electric Utilities Service

    Energy provider of the year for South Dakota, Mid-Sized Provider Category
    Top 3 Lowest Average Residential Monthly Bill
    South Dakota, Mid-Sized Provider Category
    Claim Award
    Energy provider of the year for South Dakota, Mid-Sized Provider Category
    Top 3 Lowest Average Residential Monthly Bill
    South Dakota, Mid-Sized Provider Category
    Claim Award
    Energy provider of the year for South Dakota, Mid-Sized Provider Category
    Top 3 Lowest Energy Loss
    South Dakota, Mid-Sized Provider Category
    Claim Award

    City of Vermillion Electric Utilities Coverage Map

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    City of Vermillion Electric Utilities State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    South Dakota4,8767,891,00038100%

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    City of Vermillion Electric Utilities FAQ:

    Who is the CEO of City of Vermillion Electric Utilities?

    City of Vermillion Electric Utilities’s current CEO is Kelsey Collier-Wise.

    What is the average bundled electricity rate for City of Vermillion Electric Utilities customers?

    City of Vermillion Electric Utilitiess current average bundled electricity rate is 12.95 cents per kilowatt hour (¢/kWh), compared to the average South Dakota bundled rate of 12.18 cents and the average US rate of 13.26 cents.

    How much is the average bundled bill for City of Vermillion Electric Utilities customers each month?

    The average monthly bundled electric bill for customers of City of Vermillion Electric Utilities is $82.21. The state average bundled bill is $123.40 and the national average is $123.40.

    What is the phone number for City of Vermillion Electric Utilities?

    The City of Vermillion Electric Utilities phone number is (605) 677-7073.

    Last Reviewed By: Nick Reese
    Published: 2021-03-16Last Updated: 2022-01-07