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Dec. 12, 2019Columbus, Neb. |  By: AP

NPPD to keep electricity rates flat, and offer bill credits

COLUMBUS, Neb. (AP) - Nebraska's largest utility will keep electricity rates flat next year and give customers a small credit on their bills starting in February.

The Nebraska Public Power District's board approved the 2020 rates on Thursday. Next year will be the seventh year in a row of stable rates for NPPD's retail customers.

The utility says retail customers will also receive a monthly credit of between 2% and 4% of their bills in 2020. NPPD's wholesale customers, which include cities and some rural public power districts, will receive slightly larger credits of about 6.2% a month on average in their bills.