810 Quincy Street | Rapid City, SD 57701
(605) 342-5630
(605) 342-2172

Rural Electric Cooperatives

Dealing with rising energy costs, establishing adequate member rates, developing energy load management systems, and minimizing operational costs…these are just a few of the major accounting issues that must be addressed by rural electric cooperatives.

Ketel Thorstenson, LLP (KTLLP) has developed a thorough background in the complexities of the rural electric cooperative industry and the ongoing challenges faced by the Rural Utilities Services (RUS) regulatory environment. KTLLP has experience with Federal compliance audits, which are required for rural electric cooperatives when $500,000 of federal funds are expended.

Our Rural Electric Cooperatives group can help you with:

  • Accounting Assistance
  • Financial Statement Preparation Services
  • Annual Audits.
  • Federal Single Audits
  • Form 990 Tax Preparation

The goal of this specialized group is to collaborate with these not-for-profit rural electric cooperatives in protecting the interests of their retail electric service consumers. Our specialized accounting services support the collective mission to provide safe, reliable, and affordable electric service.

Contact a member of our Rural Electric Cooperative group:


Jean Smith
CPA, Partner
(605) 718-3578
Traci Hanson
CPA, Partner
(605) 718-6037