Elk Point, South Dakota Electric Utility: Rates and Coverage Area

Elk Point, South Dakota Electric Utility

Electricity Rates, Plans & Statistics

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About Elk Point, South Dakota Electric Utility

Elk Point, South Dakota Electric Utility serves electricity to Elk Point, South Dakota and is a municipally owned entity. There are 883 customer accounts who are served by the supplier. These customer accounts are made up of 0.68% industrial customers, 19.14% commercial properties and 80.18% residential properties. On average, Elk Point, South Dakota Electric Utility's patrons purchase residential electricity for 10.94 cents per kilowatt hour. Fortunately for their customers, this price is lower than both the South Dakota and the nationwide average rates of 12.44 and 15.73 cents per kilowatt hour, respectively. Approximately 17,975 megawatt hours were sold by the provider to retail end users in 2019. The electricity sourced by Elk Point, South Dakota Electric Utility is made up primarily of megawatt hours they procured on wholesale channels. Of the electricity sourced by the company, whole purchased made up 100.62%. The total revenue for the company in 2019 from electricity sales was $2,104,000, with 97.48% coming from retail sales to end users.

Consumers of the company pay an average residential electricity bill of $91.79. This is 32.20% below the nationwide average bill of $135.39. Electricity production is not part of the Elk Point, South Dakota Electric Utility business plan, as they purchase electricity at wholesale rates and then resell to their consumers.

Elk Point, South Dakota Electric Utility Rate & Electric Bills

Elk Point, South Dakota Electric Utility residential electric rates are highest in September and the highest average bill is in February.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.123/kWh$0.097/kWh$122.62/mo.$73.45/mo.
481st10.94¢Elk Point, South Dakota Electric Utility's Average residential price per kWh
614th$91.79Average monthly electricity bill for Elk Point, South Dakota Electric Utility's residential customers

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Elk Point, South Dakota Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:106 West Pleasant Street
    Elk Point, South Dakota 57025
    United States of America
  • Director/Superintendent:Trevor Job

Elk Point, South Dakota Electric Utility Contact

Elk Point, South Dakota Electric Utility Service

    • States Served:
      • South Dakota
    • Counties Served:
      • Union County
    • Major Cities Served:

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    Elk Point, South Dakota Electric Utility Coverage Map

    Coverage Map Placeholder

    Elk Point, South Dakota Electric Utility State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    South Dakota8831,689,902.9152100%

    Elk Point, South Dakota Electric Utility County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Union County16,424512.03$168.00/mo

    Elk Point, South Dakota Electric Utility Reviews

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    Elk Point, South Dakota Electric Utility FAQ:

    Who is the CEO of Elk Point, South Dakota Electric Utility?

    The current CEO of Elk Point, South Dakota Electric Utility is Trevor Job.

    What is the phone number for Elk Point, South Dakota Electric Utility?

    The Elk Point, South Dakota Electric Utility phone number is (605) 356-2141.

    What is the average bundled electricity rate for Elk Point, South Dakota Electric Utility customers?

    Elk Point, South Dakota Electric Utility's current average bundled electricity rate is 10.94 cents per kilowatt hour (¢/kWh), compared to the average South Dakota bundled rate of 12.44 cents and the average US rate of 15.73 cents.

    How much is the average bundled bill for Elk Point, South Dakota Electric Utility customers each month?

    Currently, the average monthly bundled electric bill for customers of Elk Point, South Dakota Electric Utility is $91.79. The state average bundled bill is $121.38 and the United States average is $121.38.

    Fernando García
    Last Reviewed By: Fernando García
    Published: 2024-04-25