Printer Friendly
Email to a Friend
The Nebraska Public Power District’s Board of Directors unanimously approved NPPD’s 2016 Wholesale Rate Schedule during a specially-scheduled meeting Wednesday in Grand Island. The rate schedule includes a 3.8 percent overall average increase in 2016 wholesale rates.
The increase will be used to fund transmission investments and $25 million in retiree healthcare benefits associated with past service provided to NPPD’s wholesale customers. Wholesale customers who sign a new 20-year wholesale power contract will receive a rate discount of 3.57 percent because NPPD can finance their portion of the uncollected retiree healthcare obligations over a longer time period. This results in an overall average rate increase for such customers of 0.6 percent.
NPPD’s Board heard from customers both opposed to and in support of the 2016 wholesale rate proposal at a rate hearing Oct. 8 in Columbus.
© Many Signals Communications
|
MOST VIEWED STORIES
Holton man killed in Jackson Co crash
Morrill pair arrested on drug, child endangerment charges
Falls City man sentenced to Federal Prison
Ground Broken for new Sac and Fox Trad'n Post
Local residents avoid injury in chain reaction crash
Horton City Clerk's resignation accepted Monday
Jackson Co traffic stop leads to arrest
One held for past Atchison shooting
90 mph+ downburst winds blamed for Thursday damage
Inmate dies at Lansing Correctional Facility
Wamego man sentenced in second fentanyl-related death
Stolen trailer, 4-wheeler, recovered in Atchison
Mayetta pair arrested on meth, child endangerment charges
Early Thursday storms leave damage, outages, locally
Juveniles face charges following Atchison break-in
Mound City Mayor Duane Nauman remembered
Effingham owner regains truck following theft, arrest
LATEST STORIES
Effingham owner regains truck following theft, arrest
Cold case investigation leads to Holton warrant
Senator Slama on tax relief efforts
SE Nebraska March unemployment report
Falls City Career Academy to open during 24-25 school year
Denim Day declared for Nebraska state colleges
McLouth man injured in Monday wreck
Horton City Clerk's resignation accepted Monday
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 Offers Energy Savings Tips
Power restored to Richardson County NPPD customers
Hiawatha, Ks 66434