MidAmerican Energy Co electricity rates
MidAmerican Energy Co charges an average of 8.68 cents per kilowatt-hour to residential customers, and the average household on its system paid $94 a month using 1,083 kilowatt-hours, according to its 2024 filing with the U.S. Energy Information Administration.
Investor-owned utility MISO South Dakota
Where MidAmerican Energy Co sits
It is a smaller system, serving 4,236 residential customers, which means its fixed costs are spread across a narrow base. At 8.68¢ per kilowatt-hour it is one of the cheaper places to buy electricity in South Dakota, 44.8% under the statewide average of 15.73¢.
Its customers use more electricity than the national norm, 1,083 kilowatt-hours a month against 871, which amplifies whatever the rate does.
A shareholder-owned company whose rates are set by the state regulator, including an approved return on the capital it has invested. 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 | |
|---|---|---|---|
| MidAmerican Energy Co | 8.68¢ | $94 | 1,083 |
| 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 MidAmerican Energy Co delivers
Its service territory covers 2 South Dakota counties, either wholly or in part. Utility boundaries follow historic franchise agreements rather than county lines, so a county appearing here does not mean every address in it is served by MidAmerican Energy Co.
- Lincoln
- Union
How often the power goes out
In 2024 the average MidAmerican Energy Co customer went 428 minutes without electricity across 1.19 interruptions. The median across the 941 utilities that report this is 185 minutes.
That is worse than typical. Overhead lines through wooded or storm-exposed terrain are the usual explanation, and the fix is vegetation management and circuit automation, both of which are recovered through rates.
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 |
| Rosebud Electric Coop Inc | 10.63¢ | $116 | 4,856 |
| Dakota Energy Coop Inc | 15.30¢ | $246 | 3,224 |
| City of Madison | 11.49¢ | $114 | 2,802 |
MidAmerican Energy Co rates: common questions
How much does MidAmerican Energy Co charge per kilowatt-hour?
An average of 8.68 cents per kilowatt-hour across its residential customers in 2024. That is -44.8% against the South Dakota average of 15.73¢ and -52.9% 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 MidAmerican Energy Co bill?
$94 a month, based on total residential revenue divided by residential customers over the 2024 survey year, at an average of 1,083 kWh a month. The national average bill is $155 at 871 kWh.
Who owns MidAmerican Energy Co?
It is classified by the EIA as a investor-owned utility. A shareholder-owned company whose rates are set by the state regulator, including an approved return on the capital it has invested.
Is MidAmerican Energy Co expensive compared with other South Dakota utilities?
It ranks #20 of the 20 South Dakota utilities covered here, counting from the most expensive. Nationally it ranks #1336 of 1369.