Electricity Rates in Silver city, SD
Residents of Silver city, SD benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 3 electricity providers, with Black Hills Electric Coop, Inc being the largest.
Electricity Providers in Silver city
| 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 |
| West River Electric Assn Inc | 14.0¢/kWh | 13.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 14.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Silver city
At 14.0¢/kWh, a typical Silver city household spends approximately $1488.48/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 Silver city
Charging an electric vehicle at home in Silver city costs approximately $126.00/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 Silver city, SD?
The average residential electricity rate in Silver city, SD is 14.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $124.04 for a typical household.
Who provides electricity in Silver city?
Silver city is served by 3 electricity providers. Black Hills Electric Coop, Inc is the largest provider in the area, though rates and availability vary by specific address.
How do Silver city electricity rates compare to the rest of South Dakota?
Silver city's average rate of 14.0¢/kWh is 7.7% above the South Dakota state average of 13.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.