Leaderboard: Panhandle Coop
Regional News
No increase in rates for Hay Springs based power district
Published Monday, October 26, 2009 at 06:21 PM
Customers of Hay Springs-based Northwest Rural Public Power District won't be seeing a rate hike next year. Co-op board chairman Bruce Troester says while operating costs are expected to go up, the board has decided to cover those with reserves rather than a rate increase.

Northwest Rural has been forced to increase rates each of the past 5 years to pass along increases it received from its wholesale supplier...Tri-State Generation and Transmission Association.

Almost 2/3rds of Northwest Rural's retail rates are made up of the wholesale power costs charged by Tri-State.

Troester says Tri-State is not asking for a rate increase in 2010, but he expects more increases from the power provider in the future...since Tri-State has plans to spend about $1.9-billion dollars in the next decade on new power plants and other infrastructure.

© 2008 The Nebraska Rural Radio Association. All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.
Nebraska Headlines from AP
Page Sponsors
CommunityLINK
Check out our community and available jobs
Aflac/MicheleWilley Platte Valley Companies Regional West Medical Buyer's Realty NET Television