There is comfort in consistency, and NPPD delivered once again on its mission to provide reliable, low-cost sustainable energy. The December board meeting brought the announcement that there would be no increase in base electric rates and a one-year bill credit for NPPD wholesale and retail customers in 2020. In addition, there will be no changes to the wholesale economic development rate.
“No increase in our electric rates is good for the economy of Nebraska and the people who live and work here. It’s especially good for the agriculture economy of the state which has had some tough times recently,” said NPPD President and CEO Pat Pope. “Cost control has been important to NPPD and we have seen increased efficiencies and are operating very well. But at no time have we impacted service, reliability, or jeopardized the safety of our employees and customers.”
This marks the seventh year retail customers will see no change in their base rate, and NPPD is happy to share this news with its residential, commercial and industrial customers in 79 communities. For wholesale customers, this is the third consecutive year with no base rate increase.
To all our communities and customers, Happy New Year! Here’s to bringing the best of 2019 with us.
See the link below for more details on 2020 rates. https://www.nppd.com/press-releases/no-base-rate-increase-one-year-bill-credit-for-nppd-wholesale-retail-customers-in-2020