Nebraska commercial electricity rates

Analyst note

The Nebraska commercial price sat above the U.S. average in 0 of 10 years; the gap was -1.97 ¢ in 2015 and -4.36 ¢ in 2024. In the 2024 ranking Nebraska sits between Texas (8.55 ¢) one place above and North Dakota (7.19 ¢) one place below; the top of the list is 29.79 ¢ away and the bottom 1.20 ¢. Nebraska was 42nd in 2015 with 8.67 ¢ and is 50th now; a fall in the table. Nebraska commercial prices rose in 5 of 9 years. The largest rise was +1.5% in 2016, and the largest fall -4.2% in 2024. The Nebraska price peaked at 8.89 ¢ in 2020 and bottomed at 8.39 ¢ in 2024; 2024 is 5.6% below the peak and +0.0% from the low. Compounded, that is -0.36% a year in Nebraska, -2.39 points against the U.S. Nebraska buys 0.89% of all U.S. commercial electricity with 0.83% of the accounts, so the average Nebraska account uses 1.07 times the national average.

Nebraska commercial customers paid 8.39 ¢ in 2024, which puts the state 50th of 51, a bottom-ten position, 4.36 ¢ under the U.S. Nine years moved the Nebraska commercial price -3.2% (-0.4% a year), behind the U.S. by 23.1 points. The sharpest year was 2024 at -4.2%; the peak came in 2020.

The latest Nebraska year moved -4.2%, so prices have cooled. The Nebraska residential price of 11.53 ¢ sits 3.14 ¢ above. A Nebraska commercial account uses 6,649 kWh a month; priced at 8.39 ¢ that is about $558, and the sector buys 36.6% of Nebraska's power.

Counting revenue instead of kWh, Nebraska commercial accounts bring in 33.9% of Nebraska sector revenue on 36.6% of the kWh, a discount of 2.7 points that comes from the price level: 8.39 ¢ here against 11.53 ¢ for residential and 7.66 ¢ for industrial accounts. The average Nebraska commercial account uses 6,649 kWh a month, 15 of 51 among states on that measure; a residential account uses 0.14 times as much and an industrial account 2.31 times. Commercial accounts are 14.27% of the 1,131,588 accounts in Nebraska.