Setting rates

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electricity rates

Utilities take a number of factors and a wide range of data into account when setting electricity rates for customers. In 2016, OPPD announced there would be no general rate increase for the next five years.

Nebraska, the only state to be served entirely by public power, ranks among the nation’s lowest in rates. Information from the U.S. Energy Information Administration (EIA) published in January 2018 shows Nebraska has the 15th lowest rates in the country. Nebraska’s 9.05 cents-per-kilowatt hour average rate compared favorably to the U.S. average of 10.27 cents.

The following infographic, based on information from OPPD and the American Public Power Association, illustrates the rate-setting process.

electricity rates

Jason Kuiper

About Jason Kuiper

Jason Kuiper joined OPPD as a communications specialist in 2015. He formerly worked as a staff writer and reporter at the Omaha World-Herald.

Joe Comstock

About Joe Comstock

Joe Comstock is the creative coordinator for OPPD’s Corporate Marketing & Communications group. Skilled in all things creative, he can make the mundane - magical, the trite - tantalizing and the difficult – digestible.

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