LES proposes midyear rate increase of 4%

LINCOLN, Neb. (KLKN) — The Lincoln Electric System said Thursday that it could raise rates this year to pay for more energy generation.

The administrative board’s finance committee is proposing an amendment to the 2025 budget that would raise rates by 4%.

The utility said it needs to increase its energy production to meet the requirements of the Southwest Power Pool, the regional energy grid that LES is a member of…

Story continues

TRENDING NOW

LATEST LOCAL NEWS