06/99: Black Hills Power and Light agreed to freeze its rates for 5 years,
until January 1, 2005. This continued a 5-year freeze begun in 1995. South
Dakota’s electric rates were among the lowest in the Nation, and some
studies have indicated retail competition in such low-cost rural areas could
cause rates to rise.
02/99: A study by the University of South Dakota Business Research Bureau
commissioned by the rural cooperatives stated that under restructuring, cooperatives
would see rates increase.
01/98: The Legislative Research Council hosted an informational forum on developments
in utility competition. This was the first time the State Legislature addressed
restructuring of the electric industry. Current law allows retail wheeling
for new, large customers.