OPPD’s service area offers an array of advantages that make living, working and doing business here a wonderful and rewarding experience. Our pro-business environment, strong infrastructure, world-class workforce, drive for innovation, and higher education facilities are differentiators for business-location decisions.
Low Rates, High Reliability and Environmentally Sensitive Energy
OPPD rates are 20.3 percent below the national average for commercial customers, and 15.3 percent below the national average for industrial customers.
In 2014, OPPD committed to a dramatic change in how it generates electricity resulting in reduced emissions. The generation plan also combines additional wind energy which means the electricity OPPD customers use will continue to get cleaner and cleaner.
OPPD has earned several awards of distinction over the years. Cogent Reports named OPPD one of the 2015 Environmental Champions in the Midwest Region. OPPD joined the Southwest Power Pool in 2014 to keep rates low and provide excellent service reliability, and is a repeat winner of Business Customer Satisfaction for Midwest Midsize Utilities by J.D. Power.
6 measurements of OPPD reliability:
For the past 14 years, OPPD has maintained reliability greater than 99.98%, as measured by the Average Service Availability Index.
System Average Interruption Duration Index (SAIDI) = Number of Customer Minutes Out ÷ Number of Customers Served. SAIDI is the amount of outage time, in minutes, that was experienced by the average customer in the system.
Average Service Availability Index (ASAI) = Number of Customer Minutes Available ÷ Number of Customer Minutes Served. Simply put, ASAI is the percentage of time the system was available.
Customer Average Interruption Duration Index (CAIDI) = Number of Customer Minutes Interrupted ÷ Number of Customer Out. This is the average interruption duration time for those customers that experience an interruption during the year. It approximates the average length of time required to complete service restoration.
System Average Interruption Frequency Index (SAIFI) = Number of Customer Interruptions ÷ Number of Customers Served. This index is the average number of times that a customer is interrupted during a year. It is determined by dividing the total annual number of customers interrupted by the average number of customers served during the year.
Customer Average Interruption Frequency Index (CAIFI) = Number of Sustained Outages* ÷ Number of Customer Affected. This is the average number of interruptions for those customers that experience an interruption during the year.
Momentary Average Interruption Frequency Index (MAIFI) = Number of Non-Sustained Outages ÷ Number of Customer Served. This is the number of non-sustained interruptions that was experienced by the average customer.
* A sustained outage is defined as any outage of duration greater than two minutes. Sustained outages affect SAIDI, CAIDI, SAIFI, CAIFI and ASAI. Non-sustained outages affect MAIFI only.
Transportation and logistics advantages:
Being centrally located in the U.S. has several advantages over coastal locations.
- Dual rail access to OPPD’s Arbor Rail Line
- Two Class I railways – Union Pacific Railroad (headquartered in Omaha) and Burlington North Santa Fe
- Central location in North American Free Trade Agreement (NAFTA) corridor
- Foreign Trade Zone #19 in Omaha
- Direct flight access - Omaha’s Eppley Airfield offers 150 flights a day to nearly 20 cities across North America, including 17 non-stop cities
- Major transportation access to Interstates 29 and 80
Low Cost of Doing Business
Omaha's cost of doing business index is 94.3 overall, the U.S. baseline is 100. See how different types of businesses break down in Greater Omaha area.
There are many advantages to locating your business in the midwest, below are just a few:
- Abundant water supply
- Low risk for natural disasters
- Greater Omaha labor force is more than 750,000 in a 60-mile radius
- Short drive times (where 60 minutes = 60 miles)
- Excellent schools and universities
- 90.6 percent of adults 25 years or older graduated from high school, 86.9 percent nationally
- 34.3 percent graduated with a Bachelor's degree or higher, 30.1 percent nationally
- Affordable housing
- Innovative hospitals and medical centers
- Low cost of living
- Competitive tax incentives
Cost of Living & Doing Business – Top 15 State, CNBC “Top States for Business”, 2016
Pro-Business regulations – Top 10 State, CNBC “Top States for Business”, 2016
Education – Top 10 State, CNBC “Top States for Business”, 2016
#2 Top State for Fiscal Solvency, George Mason University, 2016
#3 Top State for Legal Climate, US Chamber, 2015
#2 Best Pro-Business State, Pollina Corp. Real Estate, 2015
#2 – State with Most Qualifying New and Expanded Facilities Per Capita, Site Selection Magazine, 2015
#3 - Best States for Business (Nebraska), Forbes, 2015
Top Innovative States, U.S. Chamber of Commerce Foundation, 2015
#1 - Top tier 2 metro areas for corporate project attractions and expansions, Site Selection Magazine, 2015
One of the top cities for site selection assistance, GlobalTrade, Jan. 2016
#3 - Best cities to find a job in 2016, ZipRecruiter, Jan. 2016
#9 - 2015's most caring cities in America, Wallet Hub, Dec. 2015
One of the top cities for global trade (Omaha), Global Trade, Oct. 2015
#1 - Top 10 best American cities to work in tech in 2015, SmartAsset, Sept. 2015
5 best big cities (best in the midwest), Time.com/money, Aug. 2015
#2 - 2015's best city for recreation, WalletHub, July 2015
#1 - Best U.S. cities for paid internships, Time.com/money, June 2015
#2 - Best cities to find a job in 2015, Fortune, June 2015
#15 - 2015's best city for families, WalletHub.com, June 2015
#1 - U.S. healthcare affordability index (35 U.S. metropolitan areas),Castlight Health, June 2015
#2 - Best U.S. cities for millennial college sStudents, CNBC, May 2015
#20 - 2015's best cities to start a career, WalletHub, May 2015
#5 - 2015's best cities to work for a small business, WalletHub, May 2015
#2 - Top theatre venues in the midwest (Orpheum Theater and Holland Performing Arts Center), Venues Today, April 2015
#8 - Top 10 cities for new college graduates, SmartAsset, April 2015
#2 - 15 best U.S. cities for millennial college students, OnlineColleges, March 2015
#18 - 2014 community well-being rankings, Gallup Healthways Well-Being Index, Feb. 2015
One of the top 13 fastest-growing tech hubs in the U.S., Uncubed.com, Feb. 2015
#5 - Best metro area for STEM professionals, Wallethub.com, Jan. 2015
#7 - Best city to find a job, Wallethub.com, Jan. 2015
Because of its favorable business climate, the OPPD service area is home to many Fortune-ranked companies’ headquarters.
Berkshire Hathaway Inc.
Union Pacific Corp.
Peter Kiewit Sons’ Inc.
Mutual of Omaha
Green Plains Renewable Energy Inc.
Valmont Industries Inc.