Incentives and Financing
Nebraska Public Power District Incentive Rate
Nebraska Public Power District’s (NPPD’s) Board of Directors approved a new wholesale economic development rate of 2.9 cents per kilowatt hour, effective January 1, 2016. The final rate is determined by the local retail power provider and would include additional applicable expenses needed to deliver and service the customer. Preliminary estimates indicate the range could fall in the 3.7 to 5.0 cents per kilowatt hour range. Prospective or expanding industrial customers are eligible to receive the economic development rate for up to five years, IF they receive retail service from NPPD or one of NPPD’s wholesale customers AND meet the following criteria:
- have a projected new or additional electrical load of 1 megawatt or greater;
- have a minimum monthly load factor of 60 percent or greater;
- have entered into a written agreement with the state or any political subdivision to provide an economic development project pursuant to state or local law; and
- wholesale customer and end-use customer have entered into a written service agreement with NPPD.