“There’s more to it than meets the eye.” This is true for icebergs, farming and electric rates.
While it may seem like rates are changed by ‘a percentage here and there,’ there is a great deal of number-crunching done before any rates are proposed or approved.
“An electric rate study is fundamental to a public power district,” explains Gwen Kautz, General Manager. “It’s another type of financial checkup. We hired a consultant to look at all of our costs, customer usage patterns and our financial goals.
Rates need to be fair, as low as possible and yet cover the cost of reliable, safe power for every customer.”
Dawson PPD’s previous rate study was conducted in 2019. Since that time Nebraska Public Power District has adjusted components of the wholesale electric rate. Dawson PPD’s irrigation loads have grown by over 11,000 horsepower. Also, the board has set new financial goals and strong load growth is projected.
The last changes to consumer electric rates were made in 2021.
The rate study results will be presented to the board of directors this fall.
OTHER NEWS
Budget and policies are discussed at the October board meeting
October 5, 2023 (Lexington, Neb.) – Dawson Public Power District’s board reviewed preliminary budget information at their October meeting on Wednesday. It includes line construction projects, technology upgrades, transformer purchases, increased material costs and a...
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Why do we have public power, anyway?
Public power is an American tradition that is deeply rooted in our community, and its significance remains as vital today as it was over 80 years ago when Dawson PPD was first established.