Investment
Nebraska Public Power District
March 30, 2016
Category: Utilities
Nebraska Public Power District (NPPD) is the electric supplier to York and is Nebraska’s largest electric utility with a chartered territory including all or parts of 86 of Nebraska’s 93 counties. NPPD is a vertically integrated utility operating generating facilities, transmission and distribution facilities in an integrated network across Nebraska. NPPD’s generation comes from a diversified mix including coal, nuclear, wind, hydro and natural gas. Approximately 46% of NPPD’s energy generated in 2015 was carbon free. For the past three years, NPPD’s reliability as measured by the Average Service Availability Index has exceeded 99.9% system wide. NPPD serves over 18,000 commercial and industrial customers with an industrial rate 11 percent below the national average based on data reported to the Energy Information Administration.
Economic Development Incentive Rate
Nebraska Public Power District’s (NPPD’s) Board of Directors approved a new wholesale economic development rate of 2.9 cents per kilowatt hour, effective January 1, 2016. The final rate is determined by the local retail power provider and would include additional applicable expenses needed to deliver and service the customer. Preliminary estimates indicate the range could fall in the 3.7 to 5.0 cents per kilowatt hour range. Prospective or expanding industrial customers are eligible to receive the economic development rate for up to five years, IF they receive retail service from NPPD or one of NPPD’s wholesale customers AND meet the following criteria:
- have a projected new or additional electrical load of 1 megawatt or greater;
- have a minimum monthly load factor of 60 percent or greater;
- have entered into a written agreement with the state or any political subdivision to provide an economic development project pursuant to state or local law; and
- wholesale customer and end-use customer have entered into a written service agreement with NPPD.
Renewable Energy Programs
NPPD has a proven way of helping large commercial and industrial customers reach their long term renewable, sustainable goals in a cost effective manner. Through very attractive low cost Power Purchase Agreements NPPD has arranged with wind developers (Nebraska has one of the best wind resources in the world), coupled with a unique financial hedge component, prospective companies are seeing an NPPD-served industrial site as a competitive advantage. NPPD has recently completed such an arrangement with Becton Dickinson Corporation and is available at your convenience to discuss how we can help your client reach its renewable energy goals.
NPPD has also implemented a smaller scale green energy program whereby customers may purchase blocks of renewable energy, at cost, in whatever quantities they choose.
Other Available Services
NPPD is committed to helping customers maximize the value of their energy expenses by offering technical support on energy efficiency and other energy related issues as well as energy efficiency incentive programs. In addition to in-house technical support resources, NPPD is a member of the Electric Power Research Institute and co-founded the University of Nebraska-Lincoln Center for Energy Sciences Research.
Service to Proposed Sites
The City of York is fed from a networked 115kV transmission system, a 34.5kV sub-transmission system and a 12.5kV distribution system. NPPD can provide service to York sites at any industry standard voltage and offers rate options for industrial customers based on their load profile and desire to own portions of their own utility infrastructure (e.g. primary voltage transformers).