South Dakotans have seen smaller increases in electric rates… compared to skyrocketing rates in other parts of the country.
Public Utilities Commission chair Chris Nelson says rate hikes in South Dakota have been modest…
Nation wide, rates surged 34% between 2020 and August 2025, the fastest five-year increase in recent history. While rate increases have remained well below the pace of inflation, there are concerns that could change with the advent of large, power-hungry data centers.
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