Rushmore Electric: Serving Western SD Cooperatives

Quick Facts

P.O. Box 2414
Rapid City, SD
57709-2414
Main Telephone (605) 342-4759
Main FAX (605) 348-2026
www.rushelec.com


Executive Contacts

  • General Manager Vic Simmons
  • Assistant General ManagerTodd Eliason
  • Manager, EngineeringMichael Bowers
  • Accounting ManagerMark Miller
  • Operations ManagerKory Hammerbeck

Accounting & Finance Related Personnel

  • FinanceMark Miller
  • General AccountingMark Miller
  • Property AccountingMark Miller
  • Tax AccountingMark Miller
  • Internal AuditingMark Miller
  • Insurance PlantMark Miller
  • Employee BenefitsDarci Lanam
  • Resource PlanningVic Simmons


  • Ultimate Meters Served53,989
  • REC Members8
  • Other Firm Power Customers0
  • Power PoolN/A
  • Total Plant Capacity0 MW
  • # of Substations0
  • Miles of Transmission Line0
  • Total Employees24
  • Union Employees0
  • RUS DesignationSD 44
  • TaxableNo
  • State RegulatedNo
  • Year Organized1950
  • CPA - TaxKetel, Thorstenson LLP
  • CPA - AuditKetel, Thorstenson LLP
  • Corporate Insurance Providers Worker’s CompFederated Rural Electric
  • Primary LiabilityFederated
  • Commercial UmbrellaFederated
  • Electric PropertyFederated

2013 Financial Keys

  • Total Assets$46,200,492
  • Total Operating Revenue$65,055,249
  • Net Margins$2,908,521
  • Equity Ratio82.47%
  • T.I.E.R.N/A
  • DSC Ratio38.91
  • Cost of DebtN/A

MW Peak Demands

  • Winter261
  • Summer227

2013 MWH Sales

  • Member1,137,240 @ $56.25 per MWH
  • Non-MemberN/A