Cornhusker Power is a non-profit political subdivision of the State of Nebraska. Because Nebraska is the only state in the nation that is 100 percent public power, electric rates are much lower than the national average.
Customers control the district which means local control and low-cost electricity for consumers. A board of 10 directors is elected during the general election. These directors live in the district and protect the rights of the customers they represent. Because there are no stockholders, Cornhusker is continuously reinvesting in the system.
Cornhusker Power is dedicated to programs such as economic development, safety programs for schools, taking photos of purple ribbon 4-H and FFA exhibitors, Cornhusker Power Goodwill Fund and Community Builders.
Cornhusker Public Power District rates continue to be among the lowest in the country according to a report, Key Ratio Trend Analysis, which compares financial information from 818 rural electric utilities throughout the United States. Cornhusker Power's rank in the U.S. non-profit public power districts and cooperatives is 726 out of 818, with 818 being the lowest. Cornhusker’s average rate is 6.15¢ compared to the national median of 7.73¢. Cornhusker is in the lowest 11% compared to 818 other non-profit rural electrics. The National Rural Utilities Cooperative Finance Corporation, CFC, compiles this report annually.
In the State of Nebraska, Cornhusker ranks 26th lowest out of 30 or 13% below the state average. The state’s median cost of power is 7.09¢.
General Manager Ron Hostetter said, “I am very proud of the stability of Cornhusker Power’s rates. Rates at Cornhusker are 20% below the national average. Our employees work hard at keeping expenses low. They treat Cornhusker’s money like their own.”
Reliability of service is important to our customers. We take pride in keeping the lights on, despite Nebraska’s harsh weather. Over the last five years, we’ve been able to provide 99.9% reliability.
For more information view the Nebraska Power Association Web site.