Keeping you and your wallet in mind
Understanding that affordability is important to our customers is one thing but making it a driving force in our decision making is what makes LES a successful public power utility.
As a not-for-profit utility, we’re always keeping you and your wallet in mind. We continually run various scenarios and look for the best opportunities to meet your needs while balancing high standards of reliability and cost effectiveness with sustainability. This commitment and dedication are what makes our rates consistently among the lowest in the nation.
In fact, for the third year in a row, Lincoln boasts the lowest average electric bill in the Big Ten Conference. Having the lowest bill means more savings for every customer.
In 2018, LES received affirmation of our AA bond rating. This stellar rating has translated to savings of millions of dollars in interest costs for LES over the years which helps to keep rates low.
We also recognized the need for new rates and riders to promote economic development and encourage large commercial businesses to relocate or expand in Lincoln. The LES Administrative Board approved these new rates and riders, further demonstrating a commitment to helping the growth of our community.
In a nutshell, LES has been providing affordable electricity that is safe and reliable for over 50 years. We are proud to power the many homes and business in the Lincoln area. (And, being the best in the Big Ten for the lowest electric bills is pretty cool too.)
Thank you for being the purpose behind our power.