Electricity Rates in Parker, SD

Residents of Parker, SD benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 3 electricity providers, with Northern States Power Co - Minnesota being the largest.

Avg. Residential Rate 13.0¢/kWh
vs. South Dakota Avg. 0.0%
vs. National Avg. -26.9%
Providers 3

Electricity Providers in Parker

Utility Residential Rate Commercial Rate Type
Northern States Power Co - Minnesota 14.0¢/kWh 11.0¢/kWh Investor Owned
Sioux Valley SW Elec Coop 13.0¢/kWh 16.0¢/kWh Cooperative
Southeastern Electric Coop Inc - (SD) 12.0¢/kWh 10.0¢/kWh Cooperative

Estimated Monthly Electric Bill

Based on the average residential rate of 13.0¢/kWh and typical US household usage of 886 kWh/month:

Parker monthly bill $115.18
Parker annual cost $1382.16
South Dakota avg. monthly $115.18
National avg. monthly $157.53

Solar Savings in Parker

At 13.0¢/kWh, a typical Parker household spends approximately $1382.16/year on electricity. Solar panels could reduce this by 50–90%.

$1037/yr estimated solar savings

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

EV Charging Costs in Parker

Charging an electric vehicle at home in Parker costs approximately $117.00/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 Parker, SD?

The average residential electricity rate in Parker, SD is 13.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $115.18 for a typical household.

Who provides electricity in Parker?

Parker is served by 3 electricity providers. Northern States Power Co - Minnesota is the largest provider in the area, though rates and availability vary by specific address.

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

Parker's average rate of 13.0¢/kWh is close to the South Dakota state average of 13.0¢/kWh. Rates are typical for the region.