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 new provisions allow the board of directors to differentiate rates and charges based on various criteria, including load size, load factor, technology risks, and length of service commitment. This aims to ensure that rates are fair, reasonable, and nondiscriminatory while also reflecting the operational needs of the districts.

Additionally, the bill permits the board to negotiate rates for commercial or industrial customers that may differ from those of other users, with specific conditions regarding the duration and minimum production costs. It also facilitates the merger and consolidation of districts by allowing different rates for consumers in the service areas of predecessor districts for a limited time, based on cost of service studies. The original section 70-655 is repealed as part of this legislative update.

Statutes affected:
Introduced: 70-655