Local

Electric Rates May Stabilize

Photo: clipart.com

Electric Rates May Stabilize

Many rural electric cooperatives in South Dakota had to raise rates sharply over the past few years to deal with their wholesale power costs. New electric generating plants and low water on the Missouri River contributed to those costs. This year, it looks like rates may stabilize.

Brad Schardin is the manager of Southeastern Electric, based in Marion…

 

Schardin says after increases of five to ten percent over the past couple of years, it looks like they will hold rates stable this year…

 

While they expect power usage to grow this year, Schardin says the recent cold weather has them pushing some peak loads…

Recent Headlines

in Agriculture

CEO of Growth Energy Steps Down

ethanol plant

Growth Energy CEO Tom Buis announced Friday he’s stepping down as Chief Executive officer of the organization that lobby’s on renewable fuel issues.

in Agriculture

Iowa Senator Calls for Review of Cargill Deal

pork chop 1

Iowa Senator Chuck Grassley wants the U.S. Justice Department’s Anti Trust Division to review the proposed acquisition by JBS of Cargill Pork.

in Agriculture

Short Term Highway Bill Not Ideal

Road Construction

Before adjourning for the August recess last week, the U.S. House passed a short term extension of the highway bill.

in Agriculture

Ag Secretary Considering a Poultry Disaster Program

eggs

U.S. Agriculture Secretary Tom Vilsack wants Congress to consider a disaster program for poultry producers, similar to what’s in place for livestock producers.

in Agriculture

Commodity Futures Trading Commission Funding in the Air

washingtondc

The chairman of the House Agriculture Committee, Mike Conaway, says he’ll fight any increase in funding for the Commodity Futures Trading Commission.