Electricity Rates in Spearfish canyon, SD
Residents of Spearfish canyon, 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 Spearfish canyon
| 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 Spearfish canyon
At 15.0¢/kWh, a typical Spearfish canyon 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 Spearfish canyon
Charging an electric vehicle at home in Spearfish canyon 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 Spearfish canyon, SD?
The average residential electricity rate in Spearfish canyon, 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 Spearfish canyon?
Spearfish canyon 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 Spearfish canyon electricity rates compare to the rest of South Dakota?
Spearfish canyon'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.