Printer Friendly
Email to a Friend
No Rate Increase Next Year for NPPD
COLUMBUS, Neb. (AP) - Nebraska Public Power District won't need a rate increase next year after all.
President and CEO Pat Pope told the utility's directors at their meeting Wednesday in Columbus that strong summer revenue streams and expense cuts eliminated the need for any rate hikes. The expense cuts included staff reductions.
In July, NPPD said it would lower its rate increases to 2 percent next year from an earlier forecast of 3.5 percent. The 2 percent increase would have cost an average retail customer using 1,000 kilowatt hours a month between $2 and $3 more each month.
This year's rate hike of 3.75 percent was the district's seventh general increase in seven years.
NPPD helps serve an estimated 600,000 Nebraskans in 86 counties with retail or wholesale electric power.
© Associated Press
MOST VIEWED STORIES
Hiawatha teen accused of child porn related crimes
Bern teen killed in SE Neb rollover crash
Troy man arrested on drug charges after search warrant
Falls City child escapes serious injury after struck by vehicle
Two arrested after Holton search warrant
Man accused of beating another man with a baseball bat
Woman injured when car hits mobility scooter
Juvenile arrested in connection with threat leading to school lockdown
Local district judge vacancy filled
Man killed in Holt Co MO crash
Atchison's Halloween set for Saturday; parade, trick or treat planned
New Brown Co Commissioner sworn-in
Atchison Co RWD 5C again placed under boil water advisory
Atchison switches water treatment to assist affected suppliers
NioCorp completes additional test drilling
Falls City Council approves contract for electric service upgrades
EDGE updated status of former Falls City restaurant building
Two injured in Holt County MO wreck
LATEST STORIES
EDGE updated status of former Falls City restaurant building
NDOT exploring possible road projects in Falls City area
Nemaha Co NE included in federal aid declaration
Woman injured when car hits mobility scooter
CHCS unveils Holton campus master facility plan
New fire station being built in Everest
Hiawatha teen accused of child porn related crimes
Falls City child escapes serious injury after struck by vehicle
Juvenile arrested in connection with threat leading to school lockdown
RELATED STORIES
Cooper Nuclear sirens sound due to false alarm
Neb Public Power District warns of scam attempts
Hydrogen leak repaired at Cooper Nuclear plant
Planned Power Outage in Pawnee County
NPPD: No Plans To Close Cooper Nuclear Station
NPPD Board Approves Rate Increase
NPPD Offers Energy Savings Tips
Hiawatha, Ks 66434