on average, nebraska’s residential customers $ Low-cost power Reliability Local control Not-for-profit rates means your electricity price includes only the cost of generating power and delivering it to you. The result: you pay at least 15 percent below the national average for electricity. Revenues are reinvested into the system — the power plants, substations, and transmission and distribution lines — that serve you with reliable electricity 24/7, around the clock. You have a voice in decisions made by your utility. Publicly-elected utility board members live in the communities they serve, and they carefully consider the implications of the decisions they make. pay about $ 3 56 per day for electricity *2012 Average Retail Price Per Kilowatt Hour for All Sectors. SOURCE: Energy Information Administration (EIA) Form 826. Data is preliminary. Data obtained 2/13. Nebraska’s average residential retail cost per kWh is 10.02 cents x 1,065 (average Nebraska residential kWh usage per month) = $107 per month/30(days per month)=$3.56 per day. WE wORK FOR YOU Nebraska is the only state in the U.S. where every home and business receives electric service from a locallyowned utility such as a municipal = system, electric cooperative or public power district. Why does this matter? Publicly owned utilities exist to serve YOU. You are our priority. Not-for-profit Customer focus Nebraska’s utilities exist to serve you. Period. There are no stockholders and thus no profit motive. We focus exclusively on keeping your electric rates low and customer service high. You can count on your friends and neighbors — people who work for your local electric utility — to provide superior customer service and quick response time, doing what is right for your community. Powering your home for a day < Powering your home for a day < COSTS LESS THAN COSTS LESS THAN A box of one dozen donuts One movie ticket Powering your home for a day < One drive-thru meal Powering your home for a day < One gallon of gas COSTS LESS THAN COSTS LESS THAN Nebraska — A History of Low-Cost Electricity Average Retail Price Per Kilowatt-Hour for All Customer Types* (Irrigation, Commercial, Residential, Industrial) U.S. Average Nebraska Average 8.90 ¢ 9.13 ¢ 9.74 ¢ 9.82 ¢ 9.88 ¢ 8.14 ¢ 7.44 ¢ 8.08 ¢ 7.61 ¢ 7.15 ¢ 6.01 ¢ 6.05 ¢ 6.05 ¢ 9.99 ¢ 6.03 ¢ 6.21 ¢ 9.87 ¢ 8.34 ¢ 7.35 ¢ 6.43 ¢ nebraska’s rates are 15% below the national average Irrigation Customer 2003 2004 commercial customer 2005 2006 2007 residential customer 2008 2009 factors that impact your rates WEATHER industrial customer 2010 It’s unpredictable. Blizzards and tornadoes can take down power lines. Hot summers and cold winters determine how much energy you use. 2011 2012 INVESTMENTS Public power utilities must maintain, repair and improve the power plants and power lines that deliver electricity to your home or business. the best value for your energy dollar Public power utilities set rates solely on the cost of doing business. We work to contain costs each and every day, without sacrificing the reliability of service to customers. As a result, our rates are consistently lower than the national average, with many electric customers on the East and West coast charging twice as much as your utility. Even on a regional basis, Nebraskans pays less. *2012 Average Retail Price Per Kilowatt Hour for All Sectors. SOURCE: Energy Information Administration (EIA) Form 826. Data is preliminary. Data obtained 2/13. With the flip of a switch, Nebraskans enjoy electric rates among the lowest in the nation. REGULATIONS Whether reducing plant emissions, protecting endangered species, or maintaining reliability, public power utilities meet or exceed their regulatory requirements. SD 8.44¢ WY 7.19¢ CO 9.34¢ NE ¢ 8.34 KS 9.22¢ Staying reliable while adding to you! Renewables DELIVERING ROUNDTHE-CLOCK POWER Renewable energy is an important part of Nebraska’s diverse generation mix. And while wind-generated electricity grew sizably in Nebraska in recent years, more is on the way. Nebraska’s two largest utilities — Nebraska Public Power District (NPPD) and Omaha Public Power District (OPPD) — have made voluntary commitments to have renewable energy account for at least 10 percent of their electricity by the year 2020. How? Currently, Nebraska has 11 wind energy facilities and 8 hydropower facilities in operation, with the capacity to generate more than 600 megawatts of energy. More wind facilities are planned for 2014. FUEL COSTS As fuel and transportation costs increase, so does the cost to produce electricity. MN 8.92¢ IA 7.73¢ MO 8.46¢ fact: when energy use climbs in the summer, nebraska’s wind begins to decline. Other generation resources must be used to meet customer needs. NPPD’s 2012 Monthly Wind Generation and Energy Requirements 1,600,000 Generation Consumption Generation Consumption 1,500,000 55,000 Generation Consumption 50,000 1,400,000 45,000 1,300,000 40,000 1,200,000 35,000 1,100,000 30,000 1,100,000 25,000 900,000 800,000 Jan Feb Mar Apr May Nebraska’s Energy Consumption in Megawatt Hours Jun Jul Aug Sep Oct Nov Dec Actual Wind Generation in Megawatt Hours 20,000 CONSTANT POWER = COAL & NUCLEAR Coal and nuclear plants are workhorses in a utility’s portfolio. They are designed to operate 24 hours a day, 7 days a week, 365 days a year. VARIABLE POWER = WIND & HYDRO When the wind is blowing and water is available, utilities can power down other plants to take advantage of their renewable resources. BACKUP POWER = NATURAL GAS & OIL Natural gas and oil plants are operated when customers use a lot of electricity, such as hot summer afternoons during “peak periods.” They are also called into duty when other power plants go off line due to scheduled maintenance outages.