Important 2026 Rate Increase Information
Southwest Public Power District Rate Increase
On November 19th, 2025, the Southwest Public Power District Board of Directors approved the proposed new retail rates. This action will implement a 6.5% average overall increase in retail rates effective January 1st, 2026.
SWPPD recently received notice from our power supplier at Nebraska Public Power District of increased wholesale power costs totaling approximately $600,000 to SWPPD for 2026. This increase to our power cost includes a reduction of a Power Cost Adjustment (PCA) credit that has been passed through to our customers on your monthly billing since 2019. In 2026, that PCA pass through to our customers will also be eliminated.
Looking ahead, NPPD has indicated expected wholesale power cost increases of 1-2% rate increases per year over the next 4-5 years as they invest nearly $2.5 billion in new or existing generation and transmission facilities to meet regional growth.
SWPPD has historically minimized or deferred wholesale rate increases from our power supplier by using cash reserves when possible. From 2013 until last year, rates remained virtually unchanged, aside from a 2.4% increase announced in 2024. Given current and projected cost pressures, SWPPD can no longer absorb these increases without compromising operational and financial stability.
Maintaining our existing infrastructure and serving new and existing customers are two of the main tasks that SWPPD cannot compromise. Since 2020, the cost of doing both have increased substantially. Steel and transformer prices are up to 100% higher. Poles are costing 40% more and meters are up 35%. Growth over the last 10 years has resulted in large upgrades to our electric facilities which impacts our annual operating and administrative budgets.
The actual percentage increase amounts in 2026 will vary depending upon the type of customer class (i.e. residential vs commercial, etc.) and the amount of power used in a
months’ time. The increase to SWPPD’s average residential customers using 1240 kilowatt-hours per month, equates to an estimated $5.60 monthly cost increase. The new rates for all customer classes can be found on our website at www.swppd.com/rates-payment.
Even with this rate adjustment, Southwest Public Power District continues to maintain rates well below the national average. Residential customers will pay approximately 10.69 cents per kilowatt-hour, compared to the national average of 17.62 cents.
Decisions regarding rates are made with careful consideration of long-term system reliability, cost control, and the needs of our customers. SWPPD remains committed to providing reliable, efficient service and responsibly planning for future growth.
Once again, this 6.5% average increase will be effective January 1st, 2026. As always, we remain committed to delivering the reliability you expect and appreciate your trust in us.


