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‘15

Average Cost of Kilowatt Hours Sold

6.7¢ 7.5¢ 7.7¢ 8.4¢ 8.9¢ 9.3¢ 9.4¢ 9.7¢

When Cornhusker Public Power District breaks down the av-

erage kWh into its expense components, you can see how the

percentage of each expense contributes to the overall cost. The

largest expense is the cost of power, which was 72.1% of our

total expense for 2015.

operations

A strong mix of commercial, industrial and farming sales supported by a

reliable residential load provides excellent diversity to a solid customer base..

Line Technicians (from left) Jim Baumert, Clint Williams

and Eric Brabec install a three-phase service.

May, 2015

Bond rating at AA-/Stable

Cornhusker Public Power District’s rating from

Standard

and Poor’s

for issuing tax-exempt bonds is AA-/Stable.

Cornhusker Public Power District’s good rating reflects a

solid and reliable financial performance supported by the

following credit strengths:

• Consistently stable financial performance over the past

three years (2012-2015)

• Cost-based purchased-power agreement with Nebraska

G&T acting on behalf of Nebraska Public Power District

provides Cornhusker Public Power District with very

competitively priced purchased power

• A voluntary and highly subscribed-to load management

program shifts the bulk of irrigation load to off-peak

hours in the summer, saving an estimated $2 million

annually in wholesale power costs

Comparison of Revenue to Sales in 2015

Type of Customer

kWh Sales

Revenue

Residential/Seasonal

122,721,934

$13,557,684

Irrigation

48,808,839

$7,431,879

Commercial

76,324,028

$6,521,303

Industrial

104,026,635

$6,674,325

Other

5,617,826

$406,250

Residential/

Seasonal

Irrigation

Commercial

Industrial

Other

2015 kWh Sales

Residential/

Seasonal

Irrigation

Commercial

Industrial

Other

2015 Revenue

How Is My Electricity Dollar Spent?

v r st of ilo att Hours Sold

Cost of Power

72.1%

Depreciation/Interest

10.7%

Operations/Maintenance

9.4%

Admin/Customer

Service 7.7%

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