Electricity Rates in Canton, SD

Residents of Canton, SD benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. The city is served by 3 electricity providers, with MidAmerican Energy Co being the largest.

Avg. Residential Rate 12.0¢/kWh
vs. South Dakota Avg. -7.7%
vs. National Avg. -32.5%
Providers 3

Electricity Providers in Canton

Utility Residential Rate Commercial Rate Type
MidAmerican Energy Co 9.0¢/kWh 8.0¢/kWh Investor Owned
Northern States Power Co - Minnesota 14.0¢/kWh 11.0¢/kWh Investor Owned
Southeastern Electric Coop Inc - (SD) 12.0¢/kWh 10.0¢/kWh Cooperative

Estimated Monthly Electric Bill

Based on the average residential rate of 12.0¢/kWh and typical US household usage of 886 kWh/month:

Canton monthly bill $106.32
Canton annual cost $1275.84
South Dakota avg. monthly $115.18
National avg. monthly $157.53

Solar Savings in Canton

At 12.0¢/kWh, a typical Canton household spends approximately $1275.84/year on electricity. Solar panels could reduce this by 50–90%.

$957/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in Canton

Charging an electric vehicle at home in Canton costs approximately $108.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.

Frequently Asked Questions

What is the average electricity rate in Canton, SD?

The average residential electricity rate in Canton, SD is 12.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $106.32 for a typical household.

Who provides electricity in Canton?

Canton is served by 3 electricity providers. MidAmerican Energy Co is the largest provider in the area, though rates and availability vary by specific address.

How do Canton electricity rates compare to the rest of South Dakota?

Canton's average rate of 12.0¢/kWh is 7.7% below the South Dakota state average of 13.0¢/kWh. Residents enjoy some of the lower rates in the state.