Stay up to date with the latest news, announcements, and upcoming events from Sioux Valley Energy.
This section features important cooperative updates, community outreach efforts, energy-related news, member meetings, and opportunities to get involved.
Unfortunately, scammers have targeted Sioux Valley Energy members with their tricks. A member reports a recent phone call included a threat to immediately disconnect power without payment in the form of gift cards.
We have received several questions as to whether hyperscale large loads are driving Sioux Valley Energy’s 2026 rate increase. The answer to that question is no.
The Sioux Valley Energy Board of Directors recently approved an overall average rate increase of 9.1% to the membership. This number is the average of all rates so some members will see higher increases, and some will see less. The main driver of this increase is higher power supply costs.
Sioux Valley Energy electric rates will increase in 2026. The driving force behind those increases is higher wholesale power costs. More than 60% of every dollar paid to your electric cooperative goes towards paying for wholesale power and transmission…so when those costs go up, there is a significant impact on electric rates.
Sioux Valley Energy’s membership is growing and we expect that growth to continue for years to come. In fact, we are forecasting that our membership and corresponding electric demand will nearly double over the next 25 years.
Designing electric rates is more of an art than a science. Every utility has its own way or philosophy of collecting the revenue needed to cover its expenses.
