Omaha Public Power District proposing 'modest' general rate increase for customers - KETV Omaha
Omaha Public Power District proposing general rate increase
Omaha Public Power District proposing 'modest' general rate increase for customers
The Omaha Public Power District looks to raise electric bills again.
The power district is asking for a "modest" general rate increase.
OPPD says it would vary depending on each customer, but the average residential rate increase would be just over 1.5%.
The power district said for a bill of $111, that's less than $6 a year.
The proposal comes after OPPD increased its fees this year by roughly 3%.
It cites rising costs and the need to "maintain reliable, robust electrical service" for this rate hike.
'We're very excited that we don't have to have a general rate increase': Omaha Public Power District Board of Directors approve fee increase in 2022. Read more.
“The rising costs of net power to serve our load, both existing and new growth, and inflationary and supply chain pressures are contributing to the proposed rate action,” Jeff Bishop, OPPD Chief Financial Officer, said in a statement. “In addition, OPPD continues to invest in work that supports the reliability, resiliency and overall health of our system during a transformational period for OPPD and the industry as a whole.”
It's taking public questions here through Dec. 17.
The board of directors will vote on the proposal the week after.
OPPD awarded $7.7 million for grid resiliency
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