COLUMBUS, Neb. (AP) —
Higher electric rates are still expected for Nebraska Public Power
District customers next year, but the increases could well be lower than
NPPD now says wholesale and retail rates likely will rise an average
of 2 percent in 2014, compared with an earlier forecast of 3.5 percent.
The 2013 hike of 3.75 percent was the district's seventh general rate
increase in seven years.
The utility has about 600,000 wholesale or retail customers.
Vice President of Customer Services Ken Curry says NPPD is focused on
reducing expenses that won't affect safety or reliability.