NE LB413

Amends Section 70-655 to allow public power, irrigation, and public power and irrigation districts to differentiate rates and charges based on load size, load factor, firm and nonfirm service, technology risks, length of service commitment, and other objective criteria

Authorizes district boards to negotiate different rates for specific users and consumers of electrical energy, with negotiated commercial/industrial rates limited to five-year terms

Requires that negotiated rates for economic development projects not fall below incremental production costs, applying to projects with electrical load requirements exceeding 500 kilowatts and minimum 60% annual load demand factor

Extends rate-setting provisions to electric cooperative corporations, agencies under the Municipal Cooperative Financing Act, and municipalities providing retail or wholesale electrical service

Permits merged or consolidated districts to maintain different rates for predecessor service areas for up to five years, based on cost of service or rate studies demonstrating the need for dissimilar rates