LES, NPPD agree to part ways on energy resources

Lincoln Electric System News Release

LINCOLN – May 11, 2017, the boards of directors for both the Nebraska Public Power District and Lincoln Electric System will consider ending an agreement for electricity produced at NPPD’s Sheldon Station, a 225-megawatt facility outside of Hallam, Nebraska.

The boards are expected to vote on a termination and release agreement at their respective meetings. If approved, the Lincoln utility will pay NPPD $10.5 million to terminate its energy supply agreement at the end of 2017. Continue reading.

ADDITIONAL RECOMMENDED READING
LES looking to drop Sheldon Station, Lincoln Journal Star
Lincoln Electric System wants to pay $10.5 million to NPPD to exit contract, Omaha World-Herald