Nebraska Electricity Price Trends

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Historical rates by sector, 2016–2025

2025 Residential

12.34¢/kWh

-28.7% vs US avg

Nebraska residential electricity costs 12.34¢/kWh in 2025

According to the U.S. Energy Information Administration retail-sales series (2025 annual frequency), residential electricity in Nebraska costs 12.34¢/kWh, 28.7% below the national average. Since 2016, the rate has changed +13.8%.

Where Nebraska sits: according to EIA's annual retail-sales series, its residential rate changed +13.8% between 2016 and 2025, the 50th steepest of 51 jurisdictions (the 50 states and the District of Columbia), a steeper move than 2% of the other 50. Ranked on the same 2016 to 2025 window for every state; see the methodology.

Annual Average Prices

Year Residential US Avg
2025 12.34¢/kWh +7.0% 17.30¢/kWh
2024 11.53¢/kWh +2.9% 16.48¢/kWh
2023 11.20¢/kWh +3.8% 16.00¢/kWh
2022 10.79¢/kWh +0.4% 15.04¢/kWh
2021 10.75¢/kWh -0.5% 13.66¢/kWh
2020 10.80¢/kWh +0.3% 13.15¢/kWh
2019 10.77¢/kWh +0.7% 13.01¢/kWh
2018 10.70¢/kWh -2.5% 12.87¢/kWh
2017 10.97¢/kWh +1.2% 12.89¢/kWh
2016 10.84¢/kWh 12.55¢/kWh

Reading the Nebraska Price Trend

According to the U.S. Energy Information Administration's retail-sales series, RateWatt currently holds 2,040 annual state-sector records spanning 2016 through 2025. These are statewide annual averages, not individual utility quotes. See the methodology for source scope and refresh cadence.

Nebraska residential electricity moved from 10.84¢/kWh in 2016 to 12.34¢/kWh in 2025, a cumulative change of +13.8% over 10 reporting years. The more recent five-year window changed +14.3% since 2020; comparing the two windows describes whether the pace changed, but does not establish why. Against the national residential benchmark of 17.30¢/kWh, Nebraska now sits 28.7% below the U.S. average for 2025.

Commercial customers in Nebraska paid 8.79¢/kWh in 2025, while industrial customers paid 8.00¢/kWh. Sector differences can reflect customer mix, consumption volume, tariff design, and cost allocation; this statewide series does not identify which factor drives a state's gap. Here the residential-to-industrial multiplier is about 1.5x, one descriptive benchmark for comparison with peer states.

EIA reports 8 generation sources for Nebraska; ranked by share of generation they run coal, wind, nuclear, natural gas, hydro. Of the 11 sources EIA reports somewhere in the country, Nebraska records no generation from geothermal, other or pumped storage. That is an absence in the published series, not a statement that no such capacity exists. This price series and that generation series are published separately and are not joined here, so nothing on this page attributes a price movement to a fuel mix. Adjacent entries in the alphabetical state browser are Montana and Nevada; their pages carry the same series on the same basis. EIA publishes the annual series once per year and revises prior years without renumbering them, so a figure here can change when a later release restates it.

The annual figure hides a 27% swing across the year

Every price above this point is an annual average. EIA's monthly series for Nebraska shows those years are not flat: averaged across the monthly record, January settles near 9.81¢/kWh and September near 13.03¢/kWh, a spread of 27.3% around the state's own monthly mean. That puts Nebraska among the 7 of 51 states whose within-year range exceeds a fifth of their average. For a state in this group the annual number is a summary of a wide year rather than a figure any single month sat on.

Within-year profile computed from 36 monthly observations across 3 complete calendar years in EIA's residential series (monthly data begins 2023-01). Partial calendar years are excluded so a newer partial tail cannot bias January–May against later months. Peak and trough are the highest and lowest month averages across that record, not a forecast; the spread is quoted against this state's own monthly mean.

How often the rate has actually fallen

Nebraska's rate has fallen in 2 of the 9 year-on-year steps on record, the most common pattern among states. The steepest of those falls came in 2018, at 0.27¢.

One of the steadiest price paths in the country

Nebraska is in the quarter of states whose recent five years most closely match their own long-run pace: about 2.7% a year lately against 1.5% a year across the full record, a difference of just 1.3%. The published series describes that relative steadiness but does not identify its cause.

Both figures are compound annual rates over EIA's published residential series, so the five-year and full-record windows are directly comparable; the national comparison ranks all 51 states and DC on the same measure. Annual state-level averages, not individual bills.

Residential
Commercial
Industrial
US Average (Residential)
7.2¢ 9.7¢ 12.3¢ 14.8¢ 17.3¢ 201620182020202220242025 Nebraska residential, 2025: 12.34¢ per kWh Nebraska residential, 2024: 11.53¢ per kWh Nebraska residential, 2023: 11.20¢ per kWh Nebraska residential, 2022: 10.79¢ per kWh Nebraska residential, 2021: 10.75¢ per kWh Nebraska residential, 2020: 10.80¢ per kWh Nebraska residential, 2019: 10.77¢ per kWh Nebraska residential, 2018: 10.70¢ per kWh Nebraska residential, 2017: 10.97¢ per kWh Nebraska residential, 2016: 10.84¢ per kWh Nebraska commercial, 2025: 8.79¢ per kWh Nebraska commercial, 2024: 8.39¢ per kWh Nebraska commercial, 2023: 8.76¢ per kWh Nebraska commercial, 2022: 8.82¢ per kWh Nebraska commercial, 2021: 8.81¢ per kWh Nebraska commercial, 2020: 8.89¢ per kWh Nebraska commercial, 2019: 8.85¢ per kWh Nebraska commercial, 2018: 8.83¢ per kWh Nebraska commercial, 2017: 8.85¢ per kWh Nebraska commercial, 2016: 8.80¢ per kWh Nebraska industrial, 2025: 8.00¢ per kWh Nebraska industrial, 2024: 7.66¢ per kWh Nebraska industrial, 2023: 7.63¢ per kWh Nebraska industrial, 2022: 7.21¢ per kWh Nebraska industrial, 2021: 7.26¢ per kWh Nebraska industrial, 2020: 7.38¢ per kWh Nebraska industrial, 2019: 7.65¢ per kWh Nebraska industrial, 2018: 7.60¢ per kWh Nebraska industrial, 2017: 7.66¢ per kWh Nebraska industrial, 2016: 7.69¢ per kWh US residential average, 2025: 17.30¢ per kWh US residential average, 2024: 16.48¢ per kWh US residential average, 2023: 16.00¢ per kWh US residential average, 2022: 15.04¢ per kWh US residential average, 2021: 13.66¢ per kWh US residential average, 2020: 13.15¢ per kWh US residential average, 2019: 13.01¢ per kWh US residential average, 2018: 12.87¢ per kWh US residential average, 2017: 12.89¢ per kWh US residential average, 2016: 12.55¢ per kWh
Annual average revenue per kilowatt-hour for Nebraska by sector and the US residential benchmark. Focus or tap a point for its year and exact value; the full values are also listed in the table below.

2025 Rate

12.34¢/kWh

vs National Avg

-28.7%

5-Year Change

+14.3%

Since 2016

+13.8%

Trajectory peers

Which states followed a similar residential price path?

Each state begins at an index of 100 in 2016; the comparison then measures how closely its annual path follows Nebraska through 2025. This compares the shape of the EIA series, not the price level, and does not claim that two states share the same market or causes.

Closest path shapes

Nearest matches after each state starts at an index of 100

  1. Wyoming +20.2% since 2016
  2. Kansas +11.5% since 2016
  3. Utah +18.6% since 2016
  4. South Dakota +16.7% since 2016
  5. South Carolina +18.3% since 2016
  6. Idaho +18.8% since 2016
  7. North Dakota +16.2% since 2016
  8. Missouri +20.3% since 2016

Other steeper paths

Nearest unused states with a larger 2016–2025 rise

  1. Montana +18.6% since 2016
  2. Iowa +14.9% since 2016
  3. Arizona +26.1% since 2016
  4. Minnesota +24.9% since 2016
  5. Delaware +27.6% since 2016
  6. Wisconsin +29.1% since 2016

Calculated from 51 jurisdictions covering the complete 2016–2025 annual window. Directional lists exclude states already shown as the closest matches, so every name appears once.

Provider record

Largest bundled residential providers EIA reports for Nebraska

EIA-861 table 6 lists the 20 largest reporting entities here for 2024, ordered by residential customer count. A provider's appearance is not evidence that it serves every address or that a household can choose it.

ProviderOwnershipResidential customersEIA average price
Omaha Public Power DistrictPolitical Subdivision362,91812.36¢/kWh
Lincoln Electric SystemMunicipal134,91210.86¢/kWh
Nebraska Public Power DistrictPolitical Subdivision73,65010.63¢/kWh
City of Grand Island - (NE)Municipal22,79910.93¢/kWh
Norris Public Power DistrictPolitical Subdivision18,3879.61¢/kWh
Loup River Public Power DistPolitical Subdivision16,29210.59¢/kWh
Dawson Power DistrictPolitical Subdivision16,08011.41¢/kWh
Southern Public Power DistrictPolitical Subdivision15,2159.21¢/kWh
City of Fremont - (NE)Municipal14,07711.97¢/kWh
City of North PlatteMunicipal11,90611.36¢/kWh
City of Hastings - (NE)Municipal11,61111.32¢/kWh
Cornhusker Public Power DistPolitical Subdivision7,38510.84¢/kWh
Northeast PowerPolitical Subdivision6,8469.73¢/kWh
Elkhorn Rural Public Pwr DistPolitical Subdivision6,1469.41¢/kWh
Cedar-Knox Public Power DistPolitical Subdivision5,5568.44¢/kWh
City of South Sioux CityMunicipal5,21712.90¢/kWh
Butler Public Power District - (NE)Political Subdivision4,77411.10¢/kWh
Custer Public Power DistrictPolitical Subdivision4,70712.71¢/kWh
Perennial Public Power DistPolitical Subdivision4,1429.74¢/kWh
City of Lexington - (NE)Municipal3,81510.01¢/kWh

“Average price” is EIA's reported residential revenue divided by sales, not a tariff, plan offer, or bill quote. Source: EIA Electric Sales, Revenue, and Average Price, table 6.

Frequently Asked Questions

Are electricity prices going up in Nebraska?
From 2016 to 2025, residential electricity in Nebraska changed from 10.84¢/kWh to 12.34¢/kWh (+13.8%). Over the past 5 years, the change was +14.3%.
How does Nebraska's electricity price compare to the national average?
Nebraska's residential electricity rate of 12.34¢/kWh is 28.7% below the national average of 17.30¢/kWh (2025).
What do businesses pay for electricity in Nebraska?
Commercial electricity in Nebraska costs 8.79¢/kWh (2025), compared to 12.34¢/kWh for residential customers. These are separate statewide sector averages; this series does not identify why they differ.
Where does this price trend data come from?
All electricity price data is from the U.S. Energy Information Administration (EIA), the official federal statistics agency for energy data. The table, chart, rankings, and long-window changes use annual statewide averages in cents per kilowatt-hour; the within-year profile uses EIA's separate monthly statewide series.

Data from the U.S. Energy Information Administration. Prices in cents per kilowatt-hour (kWh). Annual averages.

Source: U.S. Energy Information Administration, Electricity (Retail Sales of Electricity to Ultimate Customers). See our methodology for details. Retrieved and formatted by RateWatt