Electricity Rates in Nemo, SD
Residents of Nemo, SD benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. The city is served by 2 electricity providers, with Black Hills Electric Coop, Inc being the largest.
Electricity Providers in Nemo
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Black Hills Electric Coop, Inc | 15.0¢/kWh | 14.0¢/kWh | Cooperative |
| Black Hills Power, Inc. | 14.0¢/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 Nemo
At 15.0¢/kWh, a typical Nemo 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 Nemo
Charging an electric vehicle at home in Nemo 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 Nemo, SD?
The average residential electricity rate in Nemo, 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 Nemo?
Nemo is served by 2 electricity providers. Black Hills Electric Coop, Inc is the largest provider in the area, though rates and availability vary by specific address.
How do Nemo electricity rates compare to the rest of South Dakota?
Nemo'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.