Hecla, South Dakota Electric Utility

Electricity Rates, Plans & Statistics

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About Hecla, South Dakota Electric Utility

Hecla, South Dakota Electric Utility is a municipally owned entity providing electricity in Hecla, South Dakota. The company has 237 residential customer accounts, 57 commercial customer accounts and 6 industrial accounts within their service area. Hecla, South Dakota Electric Utility averages 9.53 cents per kilowatt hour charged to their customers for residential electricity, which is 21.91% less than the average state rate of 12.21 cents and 32.46% lower than the nationwide average of 14.11. In 2019 the company sold 3,657 megawatt hours to end users (known as retail sales). The electricity they sourced was made up of megawatt hours procured on wholesale channels. They purchased 4,038 megawatt hours on the wholesale market. Through retail sales alone , The company made $356,000 in 2019.

The national average monthly residential power bill is $125.95, while the Hecla, South Dakota Electric Utility average is 39.60% less at $76.08 per month. The supplier currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end consumers.

Hecla, South Dakota Electric Utility Net Metering

Hecla, South Dakota Electric Utility is one of 10 electricity suppliers in the state who offer net metering to their customers. The purchase of solar panels and alternative electricity sources is often prohibitively priced for citizens. Net metering allows purchasers of these electricity sources to sell extra wattage back to the grid, making the installation of these alternative sources economically viable.

Hecla, South Dakota Electric Utility Rate & Electric Bills

Hecla, South Dakota Electric Utility residential electric rates are highest in January and the highest average bill is in April.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.095/kWh$0.093/kWh$76.34/mo.$76.08/mo.
363rd9.53¢Hecla, South Dakota Electric Utility's Average residential price per kWh
300th$76.08Average monthly electricity bill for Hecla, South Dakota Electric Utility's residential customers

Hecla, South Dakota Electric Utility Overview

  • Company Type:Municipal

Hecla, South Dakota Electric Utility Contact

  • Customer Service Phone:(605) 994-2333
  • Social Media:

Hecla, South Dakota Electric Utility Service

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    Hecla, South Dakota Electric Utility Coverage Map

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    Hecla, South Dakota Electric Utility State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    South Dakota300337,70072100%

    Hecla, South Dakota Electric Utility County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Brown County38,301410.19$219.92/mo

    Hecla, South Dakota Electric Utility Reviews

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    Hecla, South Dakota Electric Utility FAQ:

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

    Hecla, South Dakota Electric Utility's customer service phone number is (605) 994-2333

    What is the average bundled bill for Hecla, South Dakota Electric Utility customers each month?

    Customers of Hecla, South Dakota Electric Utility pay, on average, a monthly bundled bill of $76.08.

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

    The average bundled price of electricity for consumers of Hecla, South Dakota Electric Utility is 9.53 cents per kilowatt hour (¢/kWh).

    Last Reviewed By: Matt Hope
    Published: 2022-08-01