official nebraska government website

Natural Gas Average Annual Prices
in Nebraska by Sector

The price of natural gas has changed significantly over the last forty years reflecting its volatility or instability. The average annual prices for the residential, commercial, and industrial sectors mimicked each other's movements and kept a steady price spread. From 2011 to 2012, the price of natural gas in the electric power sector decreased $1.79 or 32 percent, the industrial sector price decreased $1.25 or 23 percent, the commercial sector price decreased 53 cents or 8 percent, and the residential sector decreased 21 cents or 3 percent.

In 2012, the residential sector paid the highest price out of all the sectors at $8.30 per billion cubic feet. The commercial sector's price was the next highest at $5.92, the industrial sector's price was $4.15 per billion cubic feet, and the electric power sector's price was $3.75.

The prices are in nominal dollars to provide a better comparison.

line chart showing Natural Gas Average Annual Prices by Sector in Nebraska for the years 1970 through 2012.

Natural Gas Average Annual Prices by Sector
Nebraska, 2010 – 2012

(Nominal Dollars per Billion Cubic Feet)

Year Sectors Annual
Average
End–Use Sectors Electric
Power
Commercial Industrial Residential
2012 $5.92 $4.15 $8.30 $3.75 $5.30
2011 $6.45 $5.40 $8.51 $5.54 $6.38
2010 $6.86 $5.68 $8.68 $6.93 $6.69

Natural Gas Average Annual Prices by Sector
Nebraska, 1990 – 2009

(Nominal Dollars per Billion Cubic Feet)

Year Sectors Annual
Average
End–Use Sectors Electric
Power
Commercial Industrial Residential
2009 $7.16 $5.79 $8.98 $4.40 $6.86
2008 $9.26 $8.78 $10.70 $7.24 $9.32
2007 $8.76 $7.62 $10.66 $8.60 $8.74
2006 $9.25 $8.05 $10.87 $7.08 $9.07
2005 $9.11 $8.08 $10.30 $7.96 $9.06
2004 $7.33 $6.44 $8.74 $6.42 $7.48
2003 $6.67 $5.66 $7.57 $5.50 $6.62
2002 $4.93 $4.10 $5.97 $4.16 $5.00
2001 $7.15 $5.62 $8.34 $4.16 $6.99
2000 $5.29 $4.48 $6.23 $4.48 $5.27
1999 $4.04 $3.30 $4.93 $2.74 $4.01
1998 $4.13 $3.17 $4.98 $2.36 $3.93
1997 $4.76 $3.76 $5.55 $2.80 $4.66
1996 $4.32 $3.18 $4.71 $2.01 $4.11
1995 $3.94 $2.77 $4.81 $1.61 $3.79
1994 $4.19 $3.08 $4.96 $2.00 $4.08
1993 $4.26 $3.09 $4.96 $2.66 $4.14
1992 $3.97 $2.90 $4.79 $2.32 $4.00
1991 $3.83 $2.73 $4.59 $1.92 $3.83
1990 $3.82 $2.94 $4.55 $1.96 $3.83

Natural Gas Average Annual Prices by Sector
Nebraska, 1970 – 1989

(Nominal Dollars per Billion Cubic Feet)

Year Sectors Annual
Average
End–Use Sectors Electric
Power
Commercial Industrial Residential
1989 $3.72 $2.88 $4.42 $2.30 $3.73
1988 $3.71 $2.82 $4.42 $2.62 $3.71
1987 $3.66 $2.74 $4.31 $2.50 $3.62
1986 $3.85 $3.19 $4.49 $3.12 $3.97
1985 $4.18 $3.57 $4.97 $3.49 $4.31
1984 $4.24 $3.61 $5.05 $3.31 $4.34
1983 $4.18 $3.69 $4.91 $3.17 $4.30
1982 $3.47 $3.52 $4.13 $2.94 $3.73
1981 $2.94 $2.77 $3.43 $2.33 $3.03
1980 $2.27 $2.15 $2.71 $1.77 $2.34
1979 $1.96 $1.22 $2.25 $1.41 $1.78
1978 $1.50 $1.08 $1.92 $1.08 $1.46
1977 $1.36 $1.00 $1.75 $0.94 $1.32
1976 $1.13 $0.83 $1.33 $0.79 $1.05
1975 $0.97 $0.67 $1.25 $0.61 $0.87
1974 $0.78 $0.52 $1.10 $0.48 $0.70
1973 $0.73 $0.42 $1.00 $0.41 $0.61
1972 $0.56 $0.47 $0.95 $0.37 $0.60
1971 $0.57 $0.35 $0.89 $0.30 $0.54
1970 $0.51 $0.31 $0.82 $0.26 $0.49

Sources: State Energy Price and Expenditure Report. Energy Information Administration, Washington, DC. Nebraska Energy Office, Lincoln, NE.

Note: The price of natural gas delivered to electric utility consumers includes all steam electric utility generating plants with a combined capacity of 50 MW or greater.

The table and graph were updated on December 4, 2014.
Typically, there are one to two years between updates.