Financial Information

 At its November 2011 meeting, NPPD’s Board of Directors approved a 6.5 percent average rate increase for both its wholesale and retail customers. The increase will take effect January 1, 2012. NPPD’s wholesale customers include rural public power districts and municipalities, while NPPD’s retail customers are those that receive an electric bill directly from NPPD. NPPD began communicating and the need for the increase with many of its customers in early 2011.

This increase is primarily due to a 75 percent increase in coal transportation costs in 2012. Coal is used to generate approximately 45 percent of the electricity NPPD produces. The second driver is due to an increase in annual debt payments for capital investments in electric system plants and facilities. These investments are needed to maintain reliability and meet current regulations.For more information, view Electric Rates 101.

Annual Report

Bonds

Year-To-Date

Current Ratings

  • Moody’s: A1, Stable Outlook
  • Standard & Poor’s: A, Stable Outlook
  • Fitch: A+, Stable Outlook