This month, Sioux Valley Energy's Chief Financial Officer, Jason Maxwell, and General Manager & CEO, Tim McCarthy, talk about the upcoming rate adjustment. The Sioux Valley Energy Board of Directors approved an overall average rate increase of 6.38 percent as of April 1, 2024. We discuss the need for a rate increase to address the rising costs for material, equipment, operations, financing, and power supply. Please visit Sioux Valley Energy's rate change page or call 1-877-511-8062 to learn how the new rates will affect your account.