Nebraska electric rates still rank low

 

Nov 20 - McClatchy-Tribune Regional News - Nancy Gaarder Omaha World-Herald, Neb.

If your electric bill is putting a dent in your wallet, just remember, it could be worse.

Nebraskans pay, on average, the fifth-lowest rates for electricity in the nation, according to the Nebraska Power Review Board.

Of the six surrounding states, only Wyoming, rich with coal mines, has lower average retail rates.

Nebraska, the nation's only all-public power state, traditionally ranks high on the list.

The figures are contained in a report that annually evaluates for the Legislature whether there's merit to opening up Nebraska's electric power system to competition at the customer level. As with the previous seven reports, the study's criteria indicate that Nebraskans would not benefit from deregulation of its utilities.

The four states ahead of Nebraska are: Idaho, first; West Virginia, second; Wyoming, third; and Kentucky, fourth. Iowa ranked 11th on the list.

Copyright © 2008The McClatchy Company