Public Power Makes Nebraska Attractive to Business

Everything is bigger in Texas including the deregulation melt down of the electricity market. When Texas lead the pack in deregulating its electricity market (pre-Enron implosion), Texas rate payers had some of the cheapest electricity in the nation. Recently, on a hot Texas day, electricity was selling for 40 times the national average of $4/kilowatt per the 7.17.2008 Wall Street Journal Today consumers shopping for an electricity provider would sign a contract costing them 13-27 cents per kilowatt hour when our national average is 9-10 cents. To make the mess even worse 5 Texas electricity 'retailers' have failed leaving customers high and dry (and paying more). Even large industrial companies are feeling the pain and looking to move to states with cheaper stable supplies of electricity. Thanks to our Nebraska publicly owned power companies we just might be able to lure some of those business to Nebraska!