Nebraska Public Power District (NPPD) continues to rank among the lowest cost providers of retail power in the nation, according to data released from the U.S. Energy Information Administration (EIA).
The EIA recently released its latest rankings of retail electric rates, which were based on rate data from 2023. NPPD benchmarks its retail rate through EIA, who collects data from more than 2,600 utilities across the nation. NPPD set a goal to maintain a total retail base rate position among the lowest 15% of providers, with NPPD’s most recent ranking finishing at 5.2%.
“The EIA rankings are a tangible way for us to see how NPPD’s retail rates compare to our peers across the nation, and I’m proud of our team’s efforts to consistently provide our customers with affordable, reliable power,” said NPPD General Manager of Retail Service Pat Hanrahan. “NPPD retail rates are approximately 45% less than the national average. The state of Nebraska as a whole ranks among the most affordable places for retail electricity rates in the nation, and NPPD retail rates are lower than even the state average.”
NPPD serves 81 communities with retail electric service.