Kingsbury Electric Cooperative

About Kingsbury Electric Cooperative

Kingsbury Electric Cooperative provides electricity to 4 cities in South Dakota including De Smet, Iroquois, Badger, and Bancroft. There are 886 customer accounts who are receiving service from the provider. These accounts are made up of 12 industrial customers, 10 commercial customers and 864 residential customers. On average, Kingsbury Electric Cooperative charges their consumers a residential electricity rate of 13.91 cents per kilowatt hour. While this is higher than the South Dakota average price of 12.25 cents per kilowatt hour, it is less than the US average of 15.64 cents. The supplier had total sales and disposition of 28,046 megawatt hours in 2019, of which 26,383 megawatt hours were via retail sales. The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 28,046 megawatt hours procured by the company. The revenue for Kingsbury Electric Cooperative in 2019 from electricity sales was $3,288,200, with 100.00% coming from retail sales to end users.

The South Dakota average monthly residential electric bill is $124.84, while the Kingsbury Electric Cooperative average is 135.32% higher at $304.4 per month. Kingsbury Electric Cooperative is the 73rd ranked supplier in the state for average monthly bill total. Electricity generation is not part of the Kingsbury Electric Cooperative business model, as they purchase power at wholesale rates and then resell to their customers.