Rural Electric Co-Op Members Could See Mulitple Increases In Rates In The Coming Years

Increasing costs of producing electricity will probably be passed to rural electric co-op customers in the next few years.  Brad Schardin (shar-deen) manager of Southeastern Electric, based in Marion, says after a rate increase this year, they will have to look at more over the next couple of years…

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Schardin says while this years increase was about eleven percent, they don’t anticipate as big a jump the next time…

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While the co-op is growing, and adding customers and load, Schardin says the input costs are growing faster…

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Southeastern serves an area from Sioux Falls, to west of Parkston, and south into Yankton County.

(courtesy WNAX, Yankton)