Current | LES Customer Newsletter Current - October 2019

CURRENT LES' CUSTOMER NEWSLETTER 1040 O Street, P.O. Box 80869 Lincoln, NE 68501 8 a.m.–5 p.m., Monday–Friday Customer Service: 402.475.4211 Power Outage: 888.365.2412 - Toll Free Nebraska811 (Call before you dig): 811 - Toll Free OCTOBER 2019 LES proposes no rate increase for third year in a row LES customers should see little to no change on their normal electric bills in 2020. Lincoln Electric System staff and its Board’s Budget & Rates Committee recommended no increase to retail electric rates in the 2020 budget and rates proposal during the LES Administrative Board meeting Sept. 20. With no system- wide average rate adjustment, demand- metered customers won’t see changes to their monthly bills. SAVE THE DATES Oct. 3 // Budget & Rates Meeting LES staff will meet with customers to provide information and receive feedback on the utility’s proposed 2020 budget and rates before the LES Administrative Board takes action on the budget at its October meeting. The meeting will take place at 6 p.m. on Oct. 3 at LES’ Walter A. Canney Service Center, 2620 Fairfield Street. Oct. 6-12 // Public Power Week Follow us on Facebook, Twitter and LinkedIn as we share our history of affordable electricity, reliable power and local people serving local people. Plus, we’ll have a little fun. Just search the hashtags #PublicPowerWeek #PoweringTheGoodLife or #CommunityPowered! Most customers will notice little to no change to their bill. “We are always happy when there is no need for an increase in electric rates,” said Laura Kapustka, vice president and CFO. “In alignment with our public power values, LES continues to focus on providing low rates for our customers and keeping LES among the nation’s leaders in reliable service.” Electric rates in Lincoln rank among the most affordable in the nation. LES surveyed the rates of 100 electric utilities in different cities across the country in its 2019 National Electric Rate Study and determined that LES’ average rates are the 11th lowest. Residential customers using 1,000 kilowatt- hours per month pay an average of $96.63 on their monthly bill, which is 30% less than the study average of $138.56. Meanwhile, LES industrial customers using 1,000 kW and 400,000 kWh pay $31,092 on their monthly bill, which is 25% less than the study average of $41,537. Learn more about LES rates at Winter electric rates now in effect until May 31, 2020 Winter rates, which are lower than our summer rates, are in effect October through May the following year. This year’s residential winter rate is $.0548 per kilowatt-hour. View commercial rates, which vary by customer type, online at