Sioux Valley Energy Delays Rate Increase

Coronavirus

Sioux Valley Energy knows this is a challenging time for many families as they deal with the COVID-19 pandemic. This is why the Board of Directors has decided to delay the rate increase which was scheduled to begin in May. The Cooperative Leadership staff is working with its power suppliers and reviewing all internal expenses to minimize rate pressure. Going forward, the Board will monitor the financial situation monthly and review their ability to consider additional delays past July. Sioux Valley Energy will continue to keep its membership informed as best as possible during this very fluid situation.

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