This bill amends section 70-655 of the Reissue Revised Statutes of Nebraska, which governs the setting of rates by public power districts, public irrigation districts, and public power and irrigation districts. The amendment introduces provisions that allow for the differentiation of rates and charges based on various criteria, including load size, load factor, firm and nonfirm service, technology risks, and length of service commitment. This change aims to ensure that rates, tolls, rents, and other charges remain fair, reasonable, and nondiscriminatory while also reflecting the operational needs of the districts.

Additionally, the bill outlines the authority of the board of directors to negotiate and establish rates that may differ for commercial or industrial customers, particularly those involved in economic development projects with significant electrical load requirements. It also provides for the possibility of different rates for consumers in the service areas of merged or consolidated districts for a limited time, contingent upon cost of service studies. The original section 70-655 is repealed as part of this legislative update.

Statutes affected:
Introduced: 70-655