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Xcel Energy South Dakota electric rates

Updated October 7, 2026 · Source: EIA Form 861 (2024)

Investor-owned utility serving 92,204 homes in South Dakota.

Your rate

13.87¢per kWh, average residential rate 16% lower than the U.S. average (16.4¢)

$103average monthly bill$1,240 a year

745kWh used per month, average home

+16%rate change since 2020U.S. average: +28%

Estimate your bill

Electricity you use each month (kWh)

It's on your bill, usually near the top. Starting at 745 kWh, the average for Xcel Energy South Dakota homes.

kWh

$103 a month

$12 fixed charge + 12.3¢ × 745 kWh

This is an estimate. Uses the EIA average rate with a nominal $12 fixed charge; real tariffs have tiers, time-of-use pricing and riders. Your bill also includes taxes and fuel adjustments that change month to month.

Rate cases

No rate case on file for Xcel Energy South Dakota right now. We check regulator dockets weekly; last check October 7, 2026. Know of one?

Rate history

Xcel Energy South Dakota's average rate is up 16% since 2020, versus +28% for the U.S. average.

Average residential revenue per kWh, EIA-861. Includes delivery and, where the utility sells it, supply.

Rebates for heat pumps, batteries and EV chargers

We haven't found utility-level rebates for Xcel Energy South Dakota yet. Check South Dakota programs or read what's left after the federal credits ended.

About Xcel Energy South Dakota

Legal name: Northern States Power Co - Minnesota (Xcel Energy)
Ownership: Investor Owned
Homes served: 92,204 residential customers (2024)
Grid operator: MISO
Retail choice: No — one bundled rate
Data: EIA-861 2024, released October 7, 2026; rate cases checked October 7, 2026

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