Who has the cheapest electricity in Nebraska?

Nebraska Public Power District, at an average 10.6 cents per kWh for 2024 among Nebraska utilities with at least 50,000 customers (EIA-861). The most expensive, Omaha Public Power District, averaged 12.4 cents — a difference of about $187 per year at 10,800 kWh.

Can I choose my electric company in Nebraska?

No. Nebraska is a regulated retail market: your utility is set by address and there is no residential supplier shopping. Rates are set in state utility-commission proceedings (psc.nebraska.gov).

Is gas or electric heat cheaper in Nebraska?

Per million BTU of site energy, utility natural gas was $10.44 (Feb 2026) versus $34.55 for electric resistance heat, $28.68 for heating oil. A heat pump delivering 2.5-3 units of heat per unit of electricity brings electric heating to roughly $12-14 per MMBTU.

What is the average electric bill in Nebraska?

At Nebraska's February 2026 average price of 11.79 cents/kWh and typical usage of 900 kWh per month, a household pays about $106 per month ($1273 per year) for electricity. Actual bills vary with usage, utility territory, and tariff.

Nebraska Electricity Rates by Utility (2026): Cheapest Provider, Supplier Choice & Heating Costs

Nebraska's average residential electricity price was 11.8¢/kWh in February 2026 — the 2nd-lowest price of the 51 states+DC (EIA). Across its major utilities in 2024, average all-in rates ranged from 10.6¢/kWh at Nebraska Public Power District to 12.4¢/kWh at Omaha Public Power District — a spread worth about $187/yr at typical usage (10,800 kWh/yr). Nebraska lets households choose their natural-gas supplier; electric service is fully regulated. For home heating, utility natural gas was the cheapest fuel at $10.44 per million BTU vs $34.55 for electric resistance heat.

Residential rates by utility (EIA-861, average all-in ¢/kWh)

Nebraska electric utilities (bundled service, ≥5,000 residential customers) — average residential price and annual cost difference vs the state average at 10,800 kWh/yr
Utility	2023 ¢/kWh	2024 ¢/kWh	Customers (2024)	Ownership	vs state avg, $/yr
Cedar-Knox Public Power Dist	8.25	8.44	5,556	Public district	-$322
Southern Public Power District	9.05	9.21	15,215	Public district	-$238
Elkhorn Rural Public Pwr Dist	9.20	9.41	6,146	Public district	-$217
Norris Public Power District	9.25	9.61	18,387	Public district	-$195
Northeast Power	9.33	9.73	6,846	Public district	-$183
Loup River Public Power Dist	10.04	10.59	16,292	Public district	-$90
Nebraska Public Power District	10.44	10.63	73,650	Public district	-$85
Cornhusker Public Power Dist	10.66	10.85	7,385	Public district	-$62
Lincoln Electric System	10.22	10.86	134,912	Municipal	-$61
City of Grand Island	10.38	10.93	22,799	Municipal	-$53
City of Hastings	10.56	11.32	11,611	Municipal	-$11
City of North Platte	10.90	11.36	11,906	Municipal	-$6
Dawson Power District	11.25	11.41	16,080	Public district	-$1
City of Fremont	12.19	11.97	14,077	Municipal	+$59
Omaha Public Power District	12.02	12.36	362,918	Public district	+$101
City of South Sioux City	12.51	12.90	5,217	Municipal	+$160

Average price = residential revenue ÷ residential sales from each utility's federal EIA-861 filing (bundled service — supply + delivery + riders, not a quoted tariff rate). State average = 11.42¢/kWh, volume-weighted across these utilities (2024). Your distribution utility is fixed by address; these gaps measure what households in different territories actually paid.

Can you choose your electric company in Nebraska?

Electric supply choice: no · Gas supply choice: yes

Public-power state — no electric choice. Choice Gas program (Black Hills/SourceGas territory) gives residential gas choice with annual selection window.

How to switch suppliers in Nebraska (3 steps)

Find the price to compare (default supply rate) on your utility bill — you only save when an offer beats it for the same period.
Compare licensed supplier offers on the state's official shopping site: psc.nebraska.gov. Check term, early-exit fees, and whether the rate is fixed or variable.
Sign up with the supplier — they handle the switch. Your utility still delivers the power, owns the wires, and responds to outages; only the supply line of the bill changes.

Heating: which fuel is cheapest per million BTU in Nebraska?

Nebraska residential energy prices normalized to $/MMBTU (site energy)
Fuel	Native price	As of	$ per MMBTU
Utility natural gas	$1.044 /therm	Feb 2026	10.44
Propane	$1.642 /gal	Mar 30, 2026	17.95
Heating oil (No. 2)	$3.972 /gal	Mar 30, 2026	28.68
Electricity (resistance)	11.79 ¢/kWh	Feb 2026	34.55

Utility natural gas is the cheapest heating fuel in Nebraska at $10.44/MMBTU — heating oil costs 2.7× as much per BTU. Conversions: 1 kWh = 3,412 BTU; 1 therm = 100,000 BTU; heating oil 138,500 BTU/gal; propane 91,452 BTU/gal. Site-energy prices — appliance efficiency changes delivered-heat cost: a 95% AFUE gas furnace delivers heat near the gas figure, while a heat pump at seasonal COP 2.5–3 cuts the effective electric figure by 60–70%.

Electricity price trend, last 12 months

Nebraska's average residential price went from 10.85¢/kWh in Feb '25 to 11.79¢/kWh in Feb '26 — up 9% year-over-year. The 12-month peak was 13.85¢ in Sep '25.

Nebraska average residential electricity price by month (EIA, ¢/kWh)
Month	Feb '25	Mar '25	Apr '25	May '25	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
¢/kWh	10.85	11.71	13.06	13.15	13.14	12.84	13.16	13.85	13.13	12.52	11.57	11.76	11.79

Head-to-head utility comparisons in Nebraska

Omaha Public Power District vs Lincoln Electric System — who's cheaper?
Omaha Public Power District vs Nebraska Public Power District — who's cheaper?
Lincoln Electric System vs Nebraska Public Power District — who's cheaper?

Questions people ask

Who has the cheapest electricity in Nebraska?: Nebraska Public Power District, at an average 10.6 cents per kWh for 2024 among Nebraska utilities with at least 50,000 customers (EIA-861). The most expensive, Omaha Public Power District, averaged 12.4 cents — a difference of about $187 per year at 10,800 kWh.
Can I choose my electric company in Nebraska?: No. Nebraska is a regulated retail market: your utility is set by address and there is no residential supplier shopping. Rates are set in state utility-commission proceedings (psc.nebraska.gov).
Is gas or electric heat cheaper in Nebraska?: Per million BTU of site energy, utility natural gas was $10.44 (Feb 2026) versus $34.55 for electric resistance heat, $28.68 for heating oil. A heat pump delivering 2.5-3 units of heat per unit of electricity brings electric heating to roughly $12-14 per MMBTU.
What is the average electric bill in Nebraska?: At Nebraska's February 2026 average price of 11.79 cents/kWh and typical usage of 900 kWh per month, a household pays about $106 per month ($1273 per year) for electricity. Actual bills vary with usage, utility territory, and tariff.

About these numbers. Rates shown are averages computed from federal regulatory filings (EIA Form 861) and public tariff databases — confirm with your utility before making decisions; your actual rate depends on your tariff, usage, and riders. Distribution utility is determined by address and generally cannot be chosen; in retail-choice states you may choose your supplier for the supply portion of the bill. Savings figures use 10,800 kWh/yr (US average residential usage) and are estimates, not quotes. EnergySavings is an independent data project by CertiHomes and is not affiliated with any utility, supplier, or government agency.