servicearea

The Area We Serve

A Closer Look At
Our Service Area

Niobrara Valley Electric Membership Corporation is a rural electric distribution system providing retail electric service to customers in all or parts of five counties. We serve all of Boyd county, most of Holt county, northwest Knox county, and parts of Wheeler and Garfield counties. A total of 5,528 customers are served with the majority residing in Boyd and Holt counties.

Niobrara Valley has 23 employees and 2,680 miles of line. In 2006, the cooperative had revenues of $8.3 million dollars. Niobrara Valley's customer mix is about 45.5% residential, 36.5% seasonal, 10.2% irrigation, 6.2% commercial, and the balance sold to public uses. There is an average of 2.11 consumers per mile of line.

Niobrara Valley purchases 100% of its power requirements from Nebraska Public Power District headquartered in Columbus, Nebraska.

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Governing Body

Nebraska is a public power state and as such the cooperative is not regulated by a corporation commission. Rates are cost-of-service based and governed by an 11-member Board of Directors elected at large by the membership. There are five directors from Boyd County, five from Holt County and one from Knox County. Policies and rates are determined by the Board.

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Capital Credits

Since Niobrara Valley is a non-profit cooperative, any margins made are returned to the members. Each year the members of the cooperative receive a capital credit statement showing their share of the margins for that year. Currently, the cooperative is paying these margins on an approximate twenty-three year cycle as approved by the Board of Directors. In 2006, a retirement of 18% of capital credits earned in 1983 and 15% of capital credits earned in 1984 was issued. To date the cooperative has returned over $5.5 million in margins to its members.

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