Bill > LB413

This bill modifies the existing law regarding how public power districts, public irrigation districts, and public power and irrigation districts can set rates for their services. The key changes allow these districts more flexibility in establishing rates by explicitly permitting them to differentiate rates based on various objective criteria such as load size, load factor, service type (firm or nonfirm), technology risks, and length of service commitment. The bill maintains the existing requirement that rates must be fair, reasonable, and nondiscriminatory, while expanding the districts' ability to create tailored pricing structures. It preserves existing provisions related to negotiated rates for commercial and industrial customers, particularly those involved in economic development projects, and maintains special provisions for merged or consolidated districts that allow for different rates across service areas for up to five years after consolidation. The bill essentially provides public power districts with more nuanced tools to set rates that reflect the specific characteristics and needs of different customer types and service arrangements, while still maintaining principles of fairness and equity in rate-setting.

Agriculture and Natural Resources

https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=59583