Power Bill Facts

Black Hills Power, Inc.: average electricity price and bill

Investor-owned utility in 3 states. 62,981 residential customers in 2024. EIA utility number 19545.

Annual file
Form EIA-861, 2024 final
Monthly data
to July 2026

The average residential price of Black Hills Power, Inc. was 14.33 cents per kilowatt-hour (kWh) in July 2026. Monthly sample, Form EIA-861M

In July 2025, the price was 15.49 cents per kWh. In July 2026, the South Dakota average was 15.37 cents per kWh. EIA marks this month as preliminary.

For 2024, the newest final year, the price was 14.33 cents per kWh.

The average monthly bill of a residential customer was $110.12 in 2024, for 768 kWh each month. The South Dakota average price was 12.86 cents per kWh in 2024. The US average price was 16.48 cents per kWh in 2024.

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 annual figures on this page are for 2024. Monthly data through .

Since the last EIA release: no tracked figure of Black Hills Power, Inc. changed. The record of changes starts with the next release. EIA releases and changes

Price and bill beside South Dakota, the ownership type and the US

Form EIA-861, 2024

Black Hills Power, Inc. beside its references, 2024
FigureThis utilityInvestor-owned utilities, US medianSouth DakotaUnited States
Average residential price (cents per kWh)14.3316.1712.8616.48
Average monthly bill (dollars per month)$110.12$131.47$127.81$142.26
Average monthly use (kWh per month)768787994863
Change of the price in 1 year (percent)+5.1%n/a+4.4%+3.0%
Change of the price in 5 years (percent)+9.1%n/a+11.3%+26.7%

State and US figures are EIA's own averages for all customers. The ownership column is a median of utilities with 1,000 or more residential customers, from the final 2024 file.

The average monthly bill is residential revenue divided by customers and by 12 months. The use is residential sales divided by customers and by 12 months. These figures are for bundled service only.

SDUS7.4335.66

14.33 cents per kWh, Black Hills Power, Inc., 2024

The dial puts the 2024 price among the 2024 prices of 1,230 US utilities. 64% of them had this price or a lower price. The marks show the South Dakota average and the US average. The scale runs from 7.43 to 35.66 cents per kWh.

Figures for each state, 2024

Black Hills Power, Inc.: figures for each state, 2024
StateResidential customersAverage price cents per kWhState average cents per kWhAverage bill dollars per monthSAIDI minutes, with major event days
South Dakota60,95114.3712.86$110.2257.4
Wyoming2,01813.1312.47$107.542.2
Montana12n/a12.66n/a59.4

Sales by sector

Form EIA-861, 2024

Black Hills Power, Inc.: customers, sales and revenue by sector, 2024
SectorCustomersSalesShare of sales percentRevenue dollarsAverage price, bundled cents per kWh
Residential62,981580.8 GWh3183,227,70014.33
Commercial14,518822.2 GWh44108,044,50013.14
Industrial23467 GWh2538,812,8008.31

Customers, sales and revenue include each service type that the utility reported. The price column uses bundled service only. Sources of energy: 2.6 TWh in total. The utility generated 72.8% and bought 802.7 GWh. Summer peak demand: 388 MW.

Price history

Form EIA-861, 2013 to 2024

cents per kWh051015202013201520172019202120242013 US average: 12.13 cents per kWh2014 US average: 12.52 cents per kWh2015 US average: 12.65 cents per kWh2016 US average: 12.55 cents per kWh2017 US average: 12.89 cents per kWh2018 US average: 12.87 cents per kWh2019 US average: 13.01 cents per kWh2020 US average: 13.15 cents per kWh2021 US average: 13.66 cents per kWh2022 US average: 15.04 cents per kWh2023 US average: 16 cents per kWh2024 US average: 16.48 cents per kWh2013 South Dakota average: 10.26 cents per kWh2014 South Dakota average: 10.47 cents per kWh2015 South Dakota average: 11.08 cents per kWh2016 South Dakota average: 11.47 cents per kWh2017 South Dakota average: 11.77 cents per kWh2018 South Dakota average: 11.59 cents per kWh2019 South Dakota average: 11.55 cents per kWh2020 South Dakota average: 11.75 cents per kWh2021 South Dakota average: 12.22 cents per kWh2022 South Dakota average: 12.09 cents per kWh2023 South Dakota average: 12.32 cents per kWh2024 South Dakota average: 12.86 cents per kWh2013 Black Hills Power, Inc.: 11.21 cents per kWh2014 Black Hills Power, Inc.: 11.85 cents per kWh2015 Black Hills Power, Inc.: 13.92 cents per kWh2016 Black Hills Power, Inc.: 13.84 cents per kWh2017 Black Hills Power, Inc.: 13.81 cents per kWh2018 Black Hills Power, Inc.: 13.77 cents per kWh2019 Black Hills Power, Inc.: 13.13 cents per kWh2020 Black Hills Power, Inc.: 13.35 cents per kWh2021 Black Hills Power, Inc.: 15.1 cents per kWh2022 Black Hills Power, Inc.: 13.87 cents per kWh2023 Black Hills Power, Inc.: 13.63 cents per kWh2024 Black Hills Power, Inc.: 14.33 cents per kWhcents per kWh0510152020132016201920242013 US average: 12.13 cents per kWh2014 US average: 12.52 cents per kWh2015 US average: 12.65 cents per kWh2016 US average: 12.55 cents per kWh2017 US average: 12.89 cents per kWh2018 US average: 12.87 cents per kWh2019 US average: 13.01 cents per kWh2020 US average: 13.15 cents per kWh2021 US average: 13.66 cents per kWh2022 US average: 15.04 cents per kWh2023 US average: 16 cents per kWh2024 US average: 16.48 cents per kWh2013 South Dakota average: 10.26 cents per kWh2014 South Dakota average: 10.47 cents per kWh2015 South Dakota average: 11.08 cents per kWh2016 South Dakota average: 11.47 cents per kWh2017 South Dakota average: 11.77 cents per kWh2018 South Dakota average: 11.59 cents per kWh2019 South Dakota average: 11.55 cents per kWh2020 South Dakota average: 11.75 cents per kWh2021 South Dakota average: 12.22 cents per kWh2022 South Dakota average: 12.09 cents per kWh2023 South Dakota average: 12.32 cents per kWh2024 South Dakota average: 12.86 cents per kWh2013 Black Hills Power, Inc.: 11.21 cents per kWh2014 Black Hills Power, Inc.: 11.85 cents per kWh2015 Black Hills Power, Inc.: 13.92 cents per kWh2016 Black Hills Power, Inc.: 13.84 cents per kWh2017 Black Hills Power, Inc.: 13.81 cents per kWh2018 Black Hills Power, Inc.: 13.77 cents per kWh2019 Black Hills Power, Inc.: 13.13 cents per kWh2020 Black Hills Power, Inc.: 13.35 cents per kWh2021 Black Hills Power, Inc.: 15.1 cents per kWh2022 Black Hills Power, Inc.: 13.87 cents per kWh2023 Black Hills Power, Inc.: 13.63 cents per kWh2024 Black Hills Power, Inc.: 14.33 cents per kWh

Black Hills Power, Inc.South Dakota averageUS average

Cents per kWh, not adjusted for inflation.
Table of the figures by year, 2013 to 2024
Black Hills Power, Inc.: residential figures by year
YearAverage price cents per kWhSouth Dakota average cents per kWhAverage bill dollars per monthAverage use kWh per monthResidential customersSales, all sectors
202414.3312.86$110.1276862,9811.9 TWh
202313.6312.32$104.0176361,7841.8 TWh
202213.8712.09$112.7681360,9291.9 TWh
202115.1012.22$120.1479660,1181.8 TWh
202013.3511.75$103.9477959,6681.8 TWh
201913.1311.55$102.6678259,2181.8 TWh
201813.7711.59$106.6277458,8691.7 TWh
201713.8111.77$103.7075158,4741.8 TWh
201613.8411.47$104.0975257,7121.8 TWh
201513.9211.08$106.4076456,9061.8 TWh
201411.8510.47$94.6379956,5631.8 TWh
201311.2110.26$90.8981156,7821.7 TWh

Price by month

cents per kWh05101520Jan 2025Apr 2025Jul 2025Oct 2025Jan 2026Apr 2026Jul 2026Jan 2025 South Dakota average: 12.08 cents per kWhFeb 2025 South Dakota average: 11.84 cents per kWhMar 2025 South Dakota average: 12.75 cents per kWhApr 2025 South Dakota average: 13.37 cents per kWhMay 2025 South Dakota average: 14.33 cents per kWhJun 2025 South Dakota average: 14.22 cents per kWhJul 2025 South Dakota average: 14.52 cents per kWhAug 2025 South Dakota average: 13.98 cents per kWhSep 2025 South Dakota average: 14.76 cents per kWhOct 2025 South Dakota average: 14.09 cents per kWhNov 2025 South Dakota average: 13.81 cents per kWhDec 2025 South Dakota average: 12.51 cents per kWhJan 2026 South Dakota average: 13.6 cents per kWhFeb 2026 South Dakota average: 13.24 cents per kWhMar 2026 South Dakota average: 14.29 cents per kWhApr 2026 South Dakota average: 14.52 cents per kWhMay 2026 South Dakota average: 15.73 cents per kWhJun 2026 South Dakota average: 15.36 cents per kWhJul 2026 South Dakota average: 15.37 cents per kWhJan 2025 Black Hills Power, Inc. (SD): 13.39 cents per kWhFeb 2025 Black Hills Power, Inc. (SD): 13.93 cents per kWhMar 2025 Black Hills Power, Inc. (SD): 15.73 cents per kWhApr 2025 Black Hills Power, Inc. (SD): 14.98 cents per kWhMay 2025 Black Hills Power, Inc. (SD): 15.75 cents per kWhJun 2025 Black Hills Power, Inc. (SD): 14.93 cents per kWhJul 2025 Black Hills Power, Inc. (SD): 15.49 cents per kWhAug 2025 Black Hills Power, Inc. (SD): 15.94 cents per kWhSep 2025 Black Hills Power, Inc. (SD): 16.11 cents per kWhOct 2025 Black Hills Power, Inc. (SD): 16.46 cents per kWhNov 2025 Black Hills Power, Inc. (SD): 15.78 cents per kWhDec 2025 Black Hills Power, Inc. (SD): 14.6 cents per kWhJan 2026 Black Hills Power, Inc. (SD): 15.07 cents per kWhFeb 2026 Black Hills Power, Inc. (SD): 15.24 cents per kWhMar 2026 Black Hills Power, Inc. (SD): 15.44 cents per kWhApr 2026 Black Hills Power, Inc. (SD): 15.08 cents per kWhMay 2026 Black Hills Power, Inc. (SD): 15.45 cents per kWhJun 2026 Black Hills Power, Inc. (SD): 15.91 cents per kWhJul 2026 Black Hills Power, Inc. (SD): 14.33 cents per kWhcents per kWh05101520Jan 2025Jun 2025Nov 2025Jul 2026Jan 2025 South Dakota average: 12.08 cents per kWhFeb 2025 South Dakota average: 11.84 cents per kWhMar 2025 South Dakota average: 12.75 cents per kWhApr 2025 South Dakota average: 13.37 cents per kWhMay 2025 South Dakota average: 14.33 cents per kWhJun 2025 South Dakota average: 14.22 cents per kWhJul 2025 South Dakota average: 14.52 cents per kWhAug 2025 South Dakota average: 13.98 cents per kWhSep 2025 South Dakota average: 14.76 cents per kWhOct 2025 South Dakota average: 14.09 cents per kWhNov 2025 South Dakota average: 13.81 cents per kWhDec 2025 South Dakota average: 12.51 cents per kWhJan 2026 South Dakota average: 13.6 cents per kWhFeb 2026 South Dakota average: 13.24 cents per kWhMar 2026 South Dakota average: 14.29 cents per kWhApr 2026 South Dakota average: 14.52 cents per kWhMay 2026 South Dakota average: 15.73 cents per kWhJun 2026 South Dakota average: 15.36 cents per kWhJul 2026 South Dakota average: 15.37 cents per kWhJan 2025 Black Hills Power, Inc. (SD): 13.39 cents per kWhFeb 2025 Black Hills Power, Inc. (SD): 13.93 cents per kWhMar 2025 Black Hills Power, Inc. (SD): 15.73 cents per kWhApr 2025 Black Hills Power, Inc. (SD): 14.98 cents per kWhMay 2025 Black Hills Power, Inc. (SD): 15.75 cents per kWhJun 2025 Black Hills Power, Inc. (SD): 14.93 cents per kWhJul 2025 Black Hills Power, Inc. (SD): 15.49 cents per kWhAug 2025 Black Hills Power, Inc. (SD): 15.94 cents per kWhSep 2025 Black Hills Power, Inc. (SD): 16.11 cents per kWhOct 2025 Black Hills Power, Inc. (SD): 16.46 cents per kWhNov 2025 Black Hills Power, Inc. (SD): 15.78 cents per kWhDec 2025 Black Hills Power, Inc. (SD): 14.6 cents per kWhJan 2026 Black Hills Power, Inc. (SD): 15.07 cents per kWhFeb 2026 Black Hills Power, Inc. (SD): 15.24 cents per kWhMar 2026 Black Hills Power, Inc. (SD): 15.44 cents per kWhApr 2026 Black Hills Power, Inc. (SD): 15.08 cents per kWhMay 2026 Black Hills Power, Inc. (SD): 15.45 cents per kWhJun 2026 Black Hills Power, Inc. (SD): 15.91 cents per kWhJul 2026 Black Hills Power, Inc. (SD): 14.33 cents per kWh

Black Hills Power, Inc. (SD)South Dakota average

Cents per kWh. Form EIA-861M monthly sample, bundled residential service in South Dakota. The months are preliminary until EIA closes the year.

Reliability: SAIDI and SAIFI

Form EIA-861, 2024

  • SAIDI with major event days: 55.5 minutes without power for each customer in 2024, 56 minutes.
  • SAIDI without major event days: 55.5 minutes for each customer in 2024, 56 minutes.
  • SAIFI with major event days: 0.84 interruptions for each customer in 2024.
  • SAIDI, with major event days55.5 minutesSD median: 73.7 minutes
  • SAIDI, without major event days55.5 minutesSD median: 65.1 minutes
SAIDI and SAIFI, 2024: Black Hills Power, Inc. beside South Dakota and the US
FigureThis utilitySouth Dakota, median of 14 utilitiesSouth Dakota, EIA totalUS, median of 893 utilities
SAIDI with major event days (minutes per customer per year)55.573.784.7184.5
SAIDI without major event days (minutes per customer per year)55.565.162.199.8
SAIFI with major event days (interruptions per customer per year)0.840.870.821.40
SAIFI without major event days (interruptions per customer per year)0.840.700.721.01

The utility reported these figures to EIA with the IEEE 1366 standard. Methods differ between utilities. What SAIDI and SAIFI mean

For utilities using the IEEE method, a Major Event Day is any day that exceeds a daily SAIDI threshold called Tmed. Tmed is a duration statistic calculated from daily SAIDI values from the past five years. For utilities not using IEEE methods, Major Events are self-determined by the reporting utility.

EIA's words. Source: U.S. Energy Information Administration, Electric Power Annual with data for 2024, Table 11.1, notes (October 2025).

Table of SAIDI and SAIFI by year, 2013 to 2024
Black Hills Power, Inc.: SAIDI and SAIFI by year
YearSAIDI minutes, with major event daysSAIDI minutes, without major event daysSAIFI interruptions per customer, with major event daysSAIFI interruptions per customer, without major event daysMethod
202455.555.50.840.84IEEE 1366
202348.841.90.780.70IEEE 1366
202283.563.20.850.77IEEE 1366
2021110.551.41.480.60IEEE 1366
2020126.756.31.100.70IEEE 1366
2019153.770.31.611.29IEEE 1366
201875.862.80.910.80IEEE 1366
201777.167.91.061.03IEEE 1366
201684.975.71.000.92IEEE 1366
201596.177.41.080.91IEEE 1366
201490.781.01.050.97IEEE 1366
20132,642.363.02.350.89IEEE 1366

Generation at plants that the utility operates

Form EIA-923, 2025

  • Coal 84.6% 1.8 TWh
  • Natural gas 15.4% 320.1 GWh

Net generation: 2.1 TWh. This is not the mix that customers get. Utilities also buy and sell power.

Counties in the service territory

Form EIA-861, 2024

The utility listed these 11 counties on Form EIA-861. A utility can serve only a part of a county on its list.

Other utilities in South Dakota

Form EIA-861, 2024

Watch or compare this utility

The watch list and the compare list stay in this browser. Feed of changes: changes in South Dakota (RSS).

Official channels

EIA's files have no website for a utility. The state utility commission and the utility have the rate schedules.

Cite this page

Power Bill Facts. Black Hills Power, Inc.: average electricity price and bill. https://powerbillfacts.com/utility/black-hills-power-inc-sd-19545/ Source: U.S. Energy Information Administration, Form EIA-861 (2024) and Form EIA-861M. Data through . Page made .

Where the figures come from

Source: U.S. Energy Information Administration. Annual figures: Form EIA-861, final release for 2024, respondent "Black Hills Power, Inc.", utility number 19545. Monthly figures of the utility: Form EIA-861M sample. State and US averages: Form EIA-861M sales and revenue workbook, through July 2026. Generation by fuel: Form EIA-923, 2025 final. These are US government works in the public domain. An error in the processing of this site is corrected at the next build: report an error.

Questions about Black Hills Power, Inc.

How does the price of Black Hills Power, Inc. compare with other utilities?
In 2024, 64% of the 1,230 US utilities with a price had this price or a lower price. In South Dakota, 16 of the 19 other utilities with a price had a lower price.
Did the price of Black Hills Power, Inc. change?
The average residential price was 13.63 cents per kWh in 2023 and 14.33 cents per kWh in 2024. The 2024 price was 0.70 cents per kWh higher than the 2023 price. In 2019, the price was 13.13 cents per kWh. These prices are not adjusted for inflation.
How many minutes without power did Black Hills Power, Inc. report?
Black Hills Power, Inc. reported 55.5 minutes without power for each customer in 2024, with major event days. Without major event days, the figure was 55.5 minutes. EIA's name for this figure is SAIDI. The utility also reported 0.84 interruptions for each customer, with major event days (SAIFI).
Which counties does Black Hills Power, Inc. serve?
Black Hills Power, Inc. listed 11 counties in 3 states in its service territory on Form EIA-861 for 2024. This page has the full list. A utility can serve only a part of a county.