Nebraska Public Power District’s (NPPD) board of directors approved a three percent retail and one percent wholesale rate increase during November’s regularly scheduled meeting.
The average residential retail customer uses around 1,000 kilowatts of electricity a month, and based on this amount, would experience an increase of just over five dollars per month.
“NPPD’s strong history of maintaining low rates has enabled existing customers to grow within the state and has attracted new industries looking to establish operations in Nebraska, driving economic growth across the communities we serve,” said NPPD President and CEO Tom Kent. “We continue to manage costs at a time when inflation, supply chain constraints, and rising material, fleet, and facility expenses present challenges. Despite these pressures, our focus remains on delivering affordable, reliable energy, and that commitment is reflected in how NPPD’s rates compare to peer utilities across the nation.”
