Electricity Price History in South Dakota
Electricity cost depends on monthly usage and your state's rate. Below are historical rate trends and price change metrics for South Dakota. Data comes from EIA residential retail sales.
Current rate
13.14 ¢/kWh
1-year increase
+2.0%
5-year increase
+10.5%
Price Trend
Summary
Electricity prices in South Dakota have increased 10.5% over the past 5 years. One year ago the rate was 12.27¢/kWh; it is now 13.14¢/kWh. Five years ago the rate was 11.32¢/kWh.
More Data & Comparisons
- Electricity cost in South Dakota — Rates, value score, affordability
- Average electricity bill in South Dakota — Monthly and annual bill estimates
- Electricity cost calculator for South Dakota — Usage-based estimates
- Full South Dakota knowledge page — Rates, value score, affordability, trends
- All states price history
Frequently Asked Questions
- How much have electricity prices increased in South Dakota?
- Electricity prices in South Dakota have increased 10.5% over the past 5 years. The 1-year increase is 2.0%. The annualized 5-year increase is approximately 2.0% per year.
- Why do electricity prices change?
- Electricity prices change due to fuel costs (natural gas, coal, renewables), transmission and distribution investments, regulatory policies, demand patterns, and weather. State-level rates also reflect local generation mix and market structure.
- Are electricity prices rising faster than inflation?
- It varies by state and period. The U.S. Bureau of Labor Statistics reports that electricity prices have often risen faster than overall inflation in recent years due to grid modernization, renewable mandates, and fuel cost volatility. Compare your state's annualized increase to CPI inflation.