Power Bill Facts

South Dakota electricity prices, August 2022

The month beside the same month one year before and beside the US.

Month
August 2022, final
File
Form EIA-861M
Price among 51
40th from the highest

The average residential price in South Dakota was 12.98 cents per kilowatt-hour (kWh) in August 2022. Final

In August 2021, the price was 12.80 cents per kWh. The August 2022 price was 0.18 cents per kWh higher than the August 2021 price.

The US average was 15.82 cents per kWh in August 2022. In August 2022, South Dakota had the 40th highest average residential price among the 50 states and the District of Columbia.

The average bill of a residential customer for the month was $142.49, for 1,098 kWh. A bill for one month changes with the season.

EIA marks this month as final. EIA adjusted the months of this year to the final Form EIA-861 data.

Average price of electricity to ultimate consumers represents the cost per unit of electricity sold and is calculated by dividing electric revenue from ultimate consumers by the corresponding sales of electricity.

The average price of electricity to ultimate consumers reported in this publication by sector represents a weighted average of consumer revenue and sales, and does not equal the per kWh rate charged by the electric power industry participant to the individual consumers.

EIA's words. Source: U.S. Energy Information Administration, Electric Power Monthly, Technical notes, section "Form EIA-861" (March 2024). "This publication" is the Electric Power Monthly.

In plain words: the average price is revenue divided by sales. It is not the rate on a rate schedule. The figures on this page are EIA's own state averages. Monthly data through .

Average price by sector

Cents per kWh

South Dakota: average price by sector, August 2022
SectorAug 2022 cents per kWhAug 2021 cents per kWhChange percentUS, Aug 2022 cents per kWh
Residential12.9812.80+1.4%15.82
Commercial10.7910.42+3.6%13.41
Industrial8.168.07+1.1%9.38
All sectors10.9410.72+2.1%13.44

Sales, customers and bill

Residential, unless the row says all sectors

South Dakota: sales, customers and the residential bill, August 2022
FigureAug 2022Aug 2021Change percent
Residential sales462.1 GWh457.5 GWh+1.0%
Sales, all sectors1.2 TWh1.2 TWh+1.5%
Residential customers420,848414,120+1.6%
Average residential bill (dollars in the month)$142.49$141.40+0.8%
Average residential use (kWh in the month)1,0981,105-0.6%
US residential price (cents per kWh)15.8213.92+13.6%

The 25 months to August 2022

Form EIA-861M

cents per kWh05101520Aug 2020Dec 2020Apr 2021Aug 2021Dec 2021Apr 2022Aug 2022cents per kWh05101520Aug 2020Mar 2021Oct 2021Aug 2022

South Dakota, residentialUS, residential

Cents per kWh, Form EIA-861M.

Where the figures come from

Source: U.S. Energy Information Administration, Form EIA-861M sales and revenue workbook (state by sector and month). EIA status of this month: final. The series runs through July 2026. The average price is revenue divided by sales. The average bill is residential revenue divided by residential customers. The annual figures of each utility are on the South Dakota page.

Questions about August 2022 in South Dakota

What did businesses pay for electricity in South Dakota in August 2022?
The average commercial price was 10.79 cents per kWh. The average industrial price was 8.16 cents per kWh. The average for all sectors was 10.94 cents per kWh.
How much electricity did residential customers in South Dakota buy in August 2022?
Residential customers bought 462.1 GWh of electricity in August 2022. One GWh is 1,000,000 kWh. The quantity was 1.0% higher than the quantity in August 2021.
How many residential customers did South Dakota have in August 2022?
South Dakota had 420,848 residential customers in August 2022. The number was 1.6% higher than the number in August 2021. A customer is one account or one meter, not one person.