Bon Homme Yankton Electric

What Bon Homme Yankton Electric does

Bon Homme Yankton Electric Association, Inc. is a member-owned Touchstone Energy Cooperative that distributes electric power to more than 3,800 farm, residential, and commercial consumer-members across Bon Homme and Yankton Counties in southeast South Dakota, with the town of Tabor serving as the operational headquarters. Founded in 1940, the cooperative has operated for over 80 years under an exclusive regulated service territory, generating revenue primarily through usage-based electricity distribution charges billed monthly to its member base.

The cooperative's core technology stack centers on the NISC SmartHub online services platform, which provides members with billing, payment processing, load control status visibility, and account management. Complementary capabilities include load management reporting delivered through East River Electric's load graph and control data systems, and a distributed energy resource (DER) interconnection workflow delivered via the NOVA Power Portal, enabling members to apply for solar and other DER installations. The product portfolio extends beyond electricity distribution into PrePay Program and Budget Billing options, residential and agricultural/commercial energy efficiency rebates, a Renewable Energy Certificate (REC) program, security lights, capital credits retirement, and energy assistance programs.

Commercially, the cooperative operates a sales-led, community-oriented go-to-market model anchored by direct service relationships within its exclusive franchise territory. Wholesale power is sourced through Basin Electric Power Cooperative, and the cooperative maintains strategic alignment with the South Dakota Rural Electric Association, East River Electric, Touchstone Energy Cooperatives, and Safe Electricity. Pricing is usage-based and not publicly listed; members access rates and billing through the SmartHub portal. The 1-10 employee organization is governed by a member-elected board, reflecting the cooperative ownership structure rather than external equity ownership.

Name

Bon Homme Yankton Electric

Legal name

Bon Homme Yankton Electric Association, Inc.

Website

https://byelectric.com

Company type

Private

Founded year

1940

Operating status

Operating

Headcount range

1–10 employees

Short description

Bon Homme Yankton Electric is a member-owned Touchstone Energy Cooperative distributing electricity to over 3,800 farm, residential, and commercial members in southeast South Dakota's Bon Homme and Yankton Counties via the NISC SmartHub platform and DER interconnection programs.

Ownership category

akta.pro rank

Product category

Rural Electric Distribution

NAICS

Electric Power Distribution (221122), Electric Power Transmission, Control, and Distribution (22112)

SIC

Electric Services (4911)

akta.pro primary industry

Electric Cooperatives (Rural/Member-Owned Utilities) (EUADABAC)

akta.pro secondary industries

DER Dispatch, Aggregation & Virtual Power Plant (VPP) Integration (EUADALAI), Customer Grid-Edge Enablement Services (HEMS/DR Device Integration, VPP Enablement) (EUAEANAL)

Keywords

• Rural electric distribution
• Electric cooperative services
• Power distribution services
• Member energy services
• Energy efficiency programs

Headquarters

HQ city

Tabor

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Infrastructure, Operations, Personnel

Revenue model

1. Electric Power Distribution: Recurring revenue from providing electric power distribution services to over 3,800 farm, residential, and commercial consumer-members in southeast South Dakota. Revenue is generated through electricity delivery charges based on consumption.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Bon Homme Yankton Electric Association, Inc. is a member-owned Touchstone Energy rural electric cooperative that distributes electric power to over 3,800 farm, residential, and commercial consumer-members in southeast South Dakota. Its core service is electricity distribution within an exclusive service territory covering Bon Homme and Yankton Counties (including the town of Tabor), complemented by member online services through the NISC SmartHub platform, prepaid and budget billing options, load management programs, energy efficiency rebates, security lighting, and distributed energy resource (DER) interconnection support.

Product overview

Bon Homme Yankton Electric is a Touchstone Energy Cooperative providing electric power distribution as its core offering. The cooperative's product portfolio centers on its SmartHub Online Services platform for member account management, supplemented by various billing options (PrePay Program, Budget Billing), energy efficiency programs (residential and agricultural rebates), renewable energy options (REC Program, Solar Information/DER interconnection via NOVA Power Portal), and member services (Security Lights, Capital Credits, Energy Assistance). The company serves over 3,800 members across southeast South Dakota with a focus on reliability and member service.

Differentiator

Problem solved

Functional benefit

Products and services

• Electric Power Distribution Core electric power distribution service delivering electricity to over 3,800 farm, residential, and commercial consumer-members across Bon Homme and Yankton Counties in southeast South Dakota, including the town of Tabor.
• SmartHub Online Services Online member portal (NISC-based) that lets consumer-members make payments, view and manage billing, access load control status, and administer their cooperative accounts.
• Load Management Program Program allowing members to view their load control status and manage energy usage patterns, supported by East River Electric load graph and control data integration.
• Security Lights Outdoor security lighting service provided by the cooperative for member properties.
• REC Program (Renewable Energy Certificate) Renewable Energy Certificate program allowing members to support and track renewable energy generation.
• Distributed Energy Resource (DER) Interconnection Service Service supporting interconnection of member-owned distributed energy resources such as solar installations, processed through the NOVA Power Portal.

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core.

• East River ElectriccoreStrategic or Co-development PartnerEast River Electric is a co-op partner providing load management reporting and data services. Bon Homme Yankton Electric links to East River's load graph and control data systems for member load monitoring capabilities.
• Basin Electric Power CooperativecoreStrategic or Co-development PartnerBasin Electric Power Cooperative is a co-op partner, one of the largest generation and transmission cooperatives in the United States, providing power supply services to member cooperatives like Bon Homme Yankton Electric.
• South Dakota Rural Electric Association (SDREA)coreStrategic or Co-development PartnerSDREA is a state association representing rural electric cooperatives in South Dakota, providing advocacy, education, and member services support to Bon Homme Yankton Electric.
• NISC (National Information Solutions Cooperative)coreTechnology or IntegrationNISC provides the SmartHub platform used by Bon Homme Yankton Electric for member online services including billing, payments, and account management.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• East River Electric: A South Dakota generation-and-transmission cooperative that supplies power and load-management data services to Bon Homme Yankton Electric and other member distribution co-ops. Operates the same member-owned cooperative business model in the same regional ecosystem.
• Basin Electric Power Cooperative: One of the largest U.S. generation-and-transmission cooperatives, supplying wholesale power to Bon Homme Yankton Electric and other Touchstone Energy co-ops. Directly comparable as a cooperative utility serving the same member-owned distribution model.
• Sioux Valley Energy: A Touchstone Energy-affiliated rural electric distribution cooperative serving eastern South Dakota and southwestern Minnesota. Comparable in size, business model, and service territory to Bon Homme Yankton Electric.
• Douglas Electric Cooperative: A rural electric distribution cooperative serving southeast South Dakota counties adjacent to Bon Homme and Yankton. Operates under the same Touchstone Energy cooperative framework with a comparable farm/residential member mix.
• Northern Electric Cooperative: A South Dakota-based rural electric distribution cooperative serving members in the northern part of the state. Directly comparable as a member-owned Touchstone Energy distribution utility with similar agricultural customer mix.

Broad incumbents

• Xcel Energy: A large investor-owned utility serving customers across South Dakota and the broader Upper Midwest. Overlaps with Bon Homme Yankton Electric's broader electric distribution space but operates at vastly greater scale under a for-profit model.
• Otter Tail Power Company: A regulated investor-owned electric utility serving rural Minnesota, South Dakota, and North Dakota. Comparable as a small-cap regional utility serving agricultural and small-town customers in the Upper Midwest.

Others

• Touchstone Energy Cooperatives: A national alliance of more than 750 local electric cooperatives under a shared brand. Bon Homme Yankton Electric is an active member; comparable as the cooperative-network ecosystem that defines its branding, procurement, and advocacy backbone.
• National Information Solutions Cooperative (NISC): A cooperative-owned IT services provider whose SmartHub platform powers billing, payments, and account management for Bon Homme Yankton Electric. Comparable as a technology and back-office enabling partner for rural electric cooperatives.
• NOVA Power Portal: An interconnection workflow platform used by Bon Homme Yankton Electric to process member solar and distributed energy resource applications. Adjacent infrastructure provider in the cooperative's DER onboarding workflow.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/BonHommeYanktonElectric

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bon Homme Yankton Electric