Electricity Rates in Spearfish, SD
Residents of Spearfish, SD benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. Black Hills Power, Inc. serves the area.
Electricity Providers in Spearfish
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Black Hills Power, Inc. | 14.0¢/kWh | 13.0¢/kWh | Investor Owned |
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 Spearfish
At 14.0¢/kWh, a typical Spearfish 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 Spearfish
Charging an electric vehicle at home in Spearfish 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 Spearfish, SD?
The average residential electricity rate in Spearfish, 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 Spearfish?
Spearfish is served by 1 electricity provider. Black Hills Power, Inc. is the largest provider in the area.
How do Spearfish electricity rates compare to the rest of South Dakota?
Spearfish'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.