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Today is a time of change in the utility industry. Utilities must embrace innovation and move quickly to find new and better ways to deliver affordable, reliable and environmentally sensitive energy services to you, our customer-owners.
UPDATE from Dec. 15 OPPD Board of Directors Meeting: Omaha Public Power District’s budget for 2023 reflects the utility’s work to adapt and thrive in an ever-changing energy landscape. The OPPD Board of Directors approved the $1.9 billion Corporate Operating Plan (COP) at their monthly meeting tonight (12/15). You may view the final document here.
Background: Preliminary Corporate Operating Plan
OPPD has released its preliminary Corporate Operating Plan (COP). The COP lays out OPPD's budget roadmap for 2023 and provides customers and interested partners with insight into OPPD's plans for the coming year.
As part of this year's COP, due to the increase in costs for fuel and power purchased on the energy market, management is proposing an increase in the Fuel and Power Purchase Adjustment (FPPA) on customers’ bills that will increase their total bills an average of 2.9%. The proposed FPPA adjustment will be billed at a rate of $.0048 per kilowatt-hour of energy usage. Because the FPPA is based on energy usage, the less energy you use, the less of an impact the FPPA adjustment will have. By following conservation measures and improving your home’s energy efficiency, you can lessen the impact of the adjustment. The utility is not proposing a general rate increase in 2023. You may read more about this in this OPPD The Wire article.
Please watch a video presentation about the Preliminary 2023 COP by Vice President and Chief Financial Officer Jeff Bishop during the Nov. 15 Board of Directors committee meeting. You can read the preliminary COP document here.
The questions tool is now closed for questions or comments. The deadline for questions was Sunday, Dec. 11.
Next Steps:
OPPD’s board of directors and executive leadership review all questions and comments. This was discussed during the December board committee meeting. The board then voted on the COP at the December board meeting. The COP was approved at the December Board meeting, and it will be the guiding document for the 2023 budget.
Public Records Disclaimer
Nebraska's public records law may require OPPD to provide to interested persons, including members of the news media, copies of your communications to us, including your name and other contact information.
Today is a time of change in the utility industry. Utilities must embrace innovation and move quickly to find new and better ways to deliver affordable, reliable and environmentally sensitive energy services to you, our customer-owners.
UPDATE from Dec. 15 OPPD Board of Directors Meeting: Omaha Public Power District’s budget for 2023 reflects the utility’s work to adapt and thrive in an ever-changing energy landscape. The OPPD Board of Directors approved the $1.9 billion Corporate Operating Plan (COP) at their monthly meeting tonight (12/15). You may view the final document here.
Background: Preliminary Corporate Operating Plan
OPPD has released its preliminary Corporate Operating Plan (COP). The COP lays out OPPD's budget roadmap for 2023 and provides customers and interested partners with insight into OPPD's plans for the coming year.
As part of this year's COP, due to the increase in costs for fuel and power purchased on the energy market, management is proposing an increase in the Fuel and Power Purchase Adjustment (FPPA) on customers’ bills that will increase their total bills an average of 2.9%. The proposed FPPA adjustment will be billed at a rate of $.0048 per kilowatt-hour of energy usage. Because the FPPA is based on energy usage, the less energy you use, the less of an impact the FPPA adjustment will have. By following conservation measures and improving your home’s energy efficiency, you can lessen the impact of the adjustment. The utility is not proposing a general rate increase in 2023. You may read more about this in this OPPD The Wire article.
Please watch a video presentation about the Preliminary 2023 COP by Vice President and Chief Financial Officer Jeff Bishop during the Nov. 15 Board of Directors committee meeting. You can read the preliminary COP document here.
The questions tool is now closed for questions or comments. The deadline for questions was Sunday, Dec. 11.
Next Steps:
OPPD’s board of directors and executive leadership review all questions and comments. This was discussed during the December board committee meeting. The board then voted on the COP at the December board meeting. The COP was approved at the December Board meeting, and it will be the guiding document for the 2023 budget.
Public Records Disclaimer
Nebraska's public records law may require OPPD to provide to interested persons, including members of the news media, copies of your communications to us, including your name and other contact information.
