NPPD makes retail cost of service adjustments for 2017 but no overall rate increase scheduled

November 10, 2016

Wholesale customers to see less than one percent increase

Columbus, Neb. – For the fourth year in a row, retail customers of Nebraska Public Power District will see no increase in overall retail rates for 2017 following approval Thursday by NPPD’s Board of Directors. The Board approved a slight overall average increase of 0.6% increase to its wholesale customers.

While there will be no overall retail electric rate increase, rate changes were approved to more accurately reflect the cost to serve individual customer classes, including an increase in customer charges.

“Individual retail customers will be affected by the increase in their monthly customer charge. At the same time energy charges will be reduced in many customer classes to offset the impact of the customer charge increase. NPPD’s personnel have made strides to improve efficiencies and reduce certain distribution costs. This was a big contributor leading NPPD to another year of achieving stability in our retail rates,” said NPPD General Manager of Retail Tim Arlt.

Higher transmission costs are the main driver behind the less than one percent increase rates to wholesale customers, which are primarily public power districts and municipalities that purchase electricity from NPPD for their end-use customers.

NPPD President and CEO Pat Pope said employees are committed to finding and implementing long-term cost cutting measures, while not impacting service or reliability or jeopardizing safety for customers or themselves.

“NPPD continues to identify ways that help keep our rates stable,” Pope explained. “We look under every rock and turn over every stone to ensure our customers receive reliable electricity at competitive prices.”

More than 80 communities in NPPD’s service territory are served at retail and receive a monthly bill directly from NPPD. These include communities such as Scottsbluff, Kearney, York, Norfolk and Plattsmouth. NPPD also has wholesale power supply agreements with 46 municipalities and 25 rural public power districts and rural cooperatives that rely totally or partially on NPPD for transmission services.

 

Editor’s Note: A complete list of retail and wholesale customers by communities, public power districts and co-operatives can be found at http://www.nppd.com/about-us/who-we-serve.

Share on FacebookTweet about this on TwitterShare on LinkedInEmail this to someonePrint this page