City of Madison electricity rates
City of Madison charges an average of 11.49 cents per kilowatt-hour to residential customers, and the average household on its system paid $114 a month using 989 kilowatt-hours, according to its 2024 filing with the U.S. Energy Information Administration.
Municipal utility MISO South Dakota
Where City of Madison sits
It is a smaller system, serving 2,802 residential customers, which means its fixed costs are spread across a narrow base. At 11.49¢ per kilowatt-hour it is one of the cheaper places to buy electricity in South Dakota, 27% under the statewide average of 15.73¢.
Its customers use more electricity than the national norm, 989 kilowatt-hours a month against 871, which amplifies whatever the rate does.
Owned by the city it serves and governed by a local board rather than the state commission. No shareholder return is built into the rate. That matters because a bill is not only the cost of generating electricity: it also carries the cost of the network, and who owns that network changes how it is paid for.
| Rate | Monthly bill | Monthly kWh | |
|---|---|---|---|
| City of Madison | 11.49¢ | $114 | 989 |
| South Dakota average | 15.73¢ | $138 | 981 |
| United States average | 18.44¢ | $155 | 871 |
Utility figures: U.S. Energy Information Administration, Form EIA-861 annual electric power industry report, 2024. State and national figures: Electric Power Monthly, May 2026. Methodology
Where City of Madison delivers
Its service territory covers one county in South Dakota.
- Lake
Other South Dakota utilities
| Utility | Rate | Bill | Customers |
|---|---|---|---|
| Northern States Power Co - Minnesota | 13.87¢ | $103 | 92,204 |
| Black Hills Power, Inc. | 14.37¢ | $110 | 60,951 |
| MidAmerican Energy Co | 8.68¢ | $94 | 4,236 |
| Dakota Energy Coop Inc | 15.30¢ | $246 | 3,224 |
| City of Volga | 12.80¢ | $115 | 1,075 |
City of Madison rates: common questions
How much does City of Madison charge per kilowatt-hour?
An average of 11.49 cents per kilowatt-hour across its residential customers in 2024. That is -27.0% against the South Dakota average of 15.73¢ and -37.7% against the national average of 18.44¢. It is an all-in average across every residential rate schedule the utility offers, not a specific tariff.
What is the average City of Madison bill?
$114 a month, based on total residential revenue divided by residential customers over the 2024 survey year, at an average of 989 kWh a month. The national average bill is $155 at 871 kWh.
Who owns City of Madison?
It is classified by the EIA as a municipal utility. Owned by the city it serves and governed by a local board rather than the state commission. No shareholder return is built into the rate.
Is City of Madison expensive compared with other South Dakota utilities?
It ranks #12 of the 20 South Dakota utilities covered here, counting from the most expensive. Nationally it ranks #1125 of 1369.