OPPD Proposes 1.6 Percent Rate Increase
11/14/2014

OMAHA, Neb. (AP) - Customers of the Omaha Public Power District could see their electricity rates increase next year if a 1.6 percent general rate increase is approved by the utility's publicly elected board next month.

Omaha television station KETV says that if approved, the adjustment would take effect Jan. 1.

OPPD says increased costs for its power plants and rising health and benefit costs for employees and retirees are among the reasons it needs a rate increase.

Under the increase, the average residential customer's bill would go up by about $1.63 a month.

OPPD says even with the increase, its retail rates are about 10 percent below the regional average and 20 percent below the national average.

 

© Associated Press

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