Electric cooperatives in South Dakota do not pay property tax on their electric utility systems such as poles, wires, and transformers. Instead, electric cooperatives pay a kilowatt hour tax. This tax is based on the kilowatt hours that are sold to their members during the previous year. School districts in our service area have received $295,652 in gross kWh tax as a result of electric sales to members of Bon Homme Yankton Electric in 2019.
The table breaks down the gross kWh taxes paid by Bon Homme Yankton Electric, East River Electric on our purchases of electricity and Basin Electric’s tax based on kWh sales to East River on behalf of our members.
Taxes From Providers | |
---|---|
Bon Homme Yankton Electric | $150,926 |
East River Electric Co-op | $79,162 |
Basin Electric Power Co-op | $65,564 |
Total | $295,652 |
Taxes to Schools | |
---|---|
Avon 4-1 | $14,622 |
Bon Homme 4-2 | $69,185 |
Scotland 4-3 | $26,864 |
Menno 33-2 | $11,604 |
Tripp-Delmont 33-4 | $3,131 |
Viborg 60-5 | $924 |
Irene 63-2 | $17,837 |
Yankton 63-3 | $151,485 |
Total | $295,652 |