Lincoln Electric System customers could see higher bills in 2027

LINCOLN, Neb. (KOLN) — Lincoln electric bills could be going up next year under a new budget proposed by Lincoln Electric System.

If approved, customer rates would increase by 3.5% starting Jan. 1, 2027. This means an increase of about $4 a month for a typical household using 1,000 kilowatt-hours of power.

LES leaders say smaller annual increases help pay for rising energy costs now and prevent bigger bill spikes in the future.

“Every rate decision begins with the people we serve,” said Emily Koenig, LES chief financial officer. “By planning ahead and making measured investments today, we can continue providing reliable service while helping keep future costs manageable for our customer-owners.”

The LES board will vote on the proposal on Oct. 16, and the Lincoln City Council will hold a public hearing on Nov. 2.

Customers will have opportunities to learn more about the proposed budget and rates during two public meetings. The meetings will be held from 6 to 7:30 p.m.:

• Sept. 29: Walter A. Canney Service Center, 2620 Fairfield St.
• Oct. 8: Kevin Wailes Operations Center, 9445 Rokeby Rd.

Customers can view meeting materials and learn more at LES.com/Budget.

LES officials said they recognize any increase can be challenging for customers. Financial assistance may be available for customers experiencing hardship. Learn more at LES.com/FinancialAssistance or call 402.475.4211.

Customers can also find ways to lower their energy use at LES.com/HomeTips and learn about energy efficiency incentives available through LES’ Sustainable Energy Program at LES.com/SEP

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