Electricity Rates in Hoven, SD
Residents of Hoven, SD benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. Montana-Dakota Utilities Co serves the area.
Electricity Providers in Hoven
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Montana-Dakota Utilities Co | 15.0¢/kWh | 13.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 15.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Hoven
At 15.0¢/kWh, a typical Hoven household spends approximately $1594.80/year on electricity. Solar panels could reduce this by 50–90%.
The federal solar tax credit covers 30% of installation costs through 2032.
EV Charging Costs in Hoven
Charging an electric vehicle at home in Hoven costs approximately $135.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.
Nearby Cities in South Dakota
Frequently Asked Questions
What is the average electricity rate in Hoven, SD?
The average residential electricity rate in Hoven, SD is 15.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $132.90 for a typical household.
Who provides electricity in Hoven?
Hoven is served by 1 electricity provider. Montana-Dakota Utilities Co is the largest provider in the area.
How do Hoven electricity rates compare to the rest of South Dakota?
Hoven's average rate of 15.0¢/kWh is 15.4% above the South Dakota state average of 13.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.