NPPD Raising Rates an Average 3.75 Percent

By  | 

More than a million Nebraskans will be paying more for electricity in 2013.

The Nebraska Public Power District board voted Friday to raise its wholesale and retail rates an average 3.75 percent, beginning on Jan. 1.

NPPD says retail residential customers who use 1,000 kilowatt-hours per month will see a $5.50 increase in their monthly bills. The average Nebraska home uses about 1,200 kilowatt-hours per month.

The rate increases vary depending on how customers use the electricity.

NPPD says the rate increases are needed to cover NPPD's rising costs.

The utility delivers power, wholesale or retail, to nearly 1.1 million people in Nebraska.