Pickstown, South Dakota Electric Utility

About Pickstown, South Dakota Electric Utility

Pickstown, South Dakota Electric Utility is headquartered in Pickstown, South Dakota and it supplies electricity in the citizens that call Pickstown home. There are 194 customers of the company. About 85.57% of them are residential accounts and 14.43% of them are commercial properties. Pickstown, South Dakota Electric Utility's customers are billed an average residential electricity price of 10.91 cents per kilowatt hour. This is 32.73% below the nationwide average price of 16.22 cents, resulting in the company ranking 378th best for average electricity price out of 2885 providers in the nation. The company had sales of 2,920 megawatt hours in 2019 sold to end users. Wholesale power purchases made up 100.00% of the total electricity sourced by the company . Exactly 3,052 megawatt hours were purchased on wholesale channels. In 2019, the supplier made 97.79% of their revenue from retail electricity sales.

Patrons of the supplier pay an average monthly residential electric bill of $114.09. This is 8.34% below the South Dakota average bill of $126.05. The company currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other companies and then resell it at a higher rate to end users.