Sioux Valley Energy Delays Rate Increase Through August. Rates to Adjust in September.


This past winter SVE announced a rate increase which was scheduled to take place in May but to assist its members during the COVID-19 pandemic, it was delayed. The goal was to hold the rate increase off until September if possible. It looks as though that goal will be accomplished. However, the new adjustment will go into effect with September bills. Significant budget cuts and delays ($400,000-plus each month) allowed SVE to postpone the increase by nearly four months but that delay is no longer sustainable.

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