Effective January 1, 2025, Southwest Public Power District will implement an overall 2.4% rate increase to the customers of the District. During the Southwest Public Power District board meeting held on November 20th, 2024, management with help from a third-party rate consultant, presented to the Board of Directors a current Cost of Service study. The Board of Directors reviewed the study and approved the new retail rates as recommended by management. Over the past 12 years, SWPPD customers have received safe and reliable electricity without experiencing an overall annual customer rate increase in energy usage. In fact, since 2019, a Power Cost Adjustment (PCA) credit has been passed through from our energy provider making kilowatt hour (kWh) rates even cheaper than they were twelve years ago. Aside from a customer charge increase on single phase service in 2022, this will be the first increase in kWh usage since 2013. Over this same period of time, inflation has risen by 33% with the majority of these increases coming in the past 4 years. Since 2022, we have seen an increase of between 30% to more than 100% in the costs of material items such as wire and transformers. We are also forced to keep more material on hand since it is taking longer to acquire those materials. These increases are the driving force that continues to pressure the District to maintain our financial integrity while at the same time, supporting the necessary maintenance and upgrades of the electric plant. Some projects have even been delayed in an effort to reduce costs, but that is proving to be only a short-term fix. A recent study from Cooperative Electric Energy Utility Supply Inc (CEEUS) shows that over the last 4 years, transformers are 99% more expensive today. Conductor has increased 62% while crossarms and poles cost over 103% more today. . Southwest Public Power District has been able to cope with rising inflation and expenses while still maintaining rates well below the national average. This has been accomplished by an extremely good working relationship between the employees of SWPPD and the Board of Directors keeping well informed and making sound educated business decisions in an effort to maintain the primary purpose for the establishment of SWPPD: to bring safe-dependable-affordable power to our customers. Although no one likes to see the cost of their utilities increase, it is crucial for SWPPD to continue to meet our financial goals and provide you with safe and reliable electricity. The new rates can be viewed on our website at www.swppd.com/rates-payment. If you have any questions, please do not hesitate to contact us at (308)285-3295.

Southwest Public Power District is proud to announce the Frank & Betty Potthoff Memorial Scholarship Program! Frank and Betty Potthoff were both formerly employed by SWPPD, and the Potthoff family has generously offered to fund this scholarship as a memorial to them. This $500 per semester scholarship will help a student attend the Utility Line Program at either Northeast Community College or Western Nebraska Community College. To qualify for the scholarship students must be a high school senior or graduate and reside in the border territory generally served by SWPPD and all towns therein. The applicant must have already applied to be admitted to the Utility Line Program at either college and have been accepted or placed on a waiting list. To apply for the scholarship, the student must submit a personal essay to SWPPD not more than 350 words in length explaining why they are interested in the Utility Line Program as their course of study. They must also provide their class rank and GPA. If the applicant has graduated high school and is attending college, they must submit college transcripts with their essay. Applicant essays will be forwarded to a selection committee. SWPPD would like to award the first scholarship for the Fall semester of 2023. Applicants must have their essays submitted by May 31, 2023 in order to be eligible. Please contact Frank Bonini at (308)285-3295, or frankb@swppd.com, with questions.