Nebraska LB413 amends rate-setting provisions for power districts, allowing differentiated rates based on various criteria.

Nebraska LB413 amends the statutes to change how power districts set rates. The board of directors can now set rates based on load size, load factor, service type, technology risks, service commitment length, and other objective criteria. The bill also allows for different rates for merged or consolidated districts, effective for up to five years. Additionally, it permits rates for economic development projects with specific load requirements. The original section is repealed.

Nebraska LB413 amends rate-setting provisions for power districts, allowing differentiated rates based on various criteria.

Nebraska LB413 amends the statutes to change how power districts set rates. The board of directors can now set rates based on load size, load factor, service type, technology risks, service commitment length, and other objective criteria. The bill also allows for different rates for merged or consolidated districts, effective for up to five years. Additionally, it permits rates for economic development projects with specific load requirements. The original section is repealed.