Nebraska Department of Environment and Energy

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Nebraska Energy Statistics

Nebraska's Natural Gas
Average Annual Prices
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 2020 to 2021, the electric power sector price increased $7.32 or four–fold, the price of natural gas in the residential sector increased $1.44 or 19.6 percent, the industrial sector price increased $1.36 or 38.5 percent, while the commercial sector price increased $1.14 or 22.9 percent.

In 2021, the electric power sector paid the highest price out of all the sectors at $9.62 per billion cubic feet. The residential sector's price was the next highest at $8.78 per billion cubic feet. The commercial sector's price was $6.12, and the industrial sector's price was $4.91 per billion cubic feet.

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

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line chart showing Natural Gas Average Annual Prices by Sector in Nebraska.

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Nebraska Natural Gas
Average Annual Prices by Sector
2010 – 2021

(Nominal Dollars per Billion Cubic Feet)

Year Sectors Annual
Average
End–Use Sectors Electric
Power
Commercial Industrial Residential
2021 $6.12 $4.91 $8.78 $9.62 $6.25
2020 $4.99 $3.54 $7.34 $2.30 $4.54
2019 $5.31 $3.89 $7.20 $2.86 $4.88
2018 $5.76 $4.12 $7.85 $3.47 $5.32
2017 $5.84 $4.17 $8.27 $3.83 $5.35
2016 $5.01 $3.72 $7.37 $3.03 $4.69
2015 $5.90 $4.20 $8.16 $3.64 $5.40
2014 $6.80 $5.32 $8.20 $5.49 $6.35
2013 $6.10 $4.43 $7.89 $4.70 $5.63
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

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Nebraska Natural Gas
Average Annual Prices by Sector
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

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Nebraska Natural Gas
Average Annual Prices by Sector
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

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Sources: State Energy Price and Expenditure Report. Energy Information Administration, Washington, DC. Nebraska Department of Environment and Energy, 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 January 9, 2024.
Typically, there are one to two years between updates.

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