Rates

According to data collected from our annual Competitive Market Study, LES is one of the most efficient electric utilities in the country. Since LES is a public power utility, we pay dividends to our customer-owners in the form of lower rates. LES customers save hundreds of dollars a year on electricity compared to most residents in the U.S.

Rates

Rates summary: current  //  2025 proposed
Rate Schedules book: current  //  2025 proposed  

(Please email [email protected] if you experience any issues reading the redline Rate Schedules book that shows the 2025 changes.)

house interior
Residential rates

Compared to most U.S. residents, LES customers are saving hundreds of dollars a year on electricity. View the rates schedules, summary of electric rates, service regulations and more.
Downtown Lincoln at night
Business rates

LES commercial/industrial rates are some of the lowest around, giving you savings that go straight to your bottom line. View the commercial rates schedules and more. 
hands on laptop
Bill calculators

We make it easy to understand exactly how your electricity bill is calculated. View the bill calculators to estimate your energy bill.  
Rate study statistics
LES' OVERALL ALL-IN PRICE
#
8
lowest price in the nation
RESIDENTIAL ALL-IN PRICE
#
1
lowest price in the nation
COMMERCIAL/INDUSTRIAL ALL-IN PRICE
#
11
Lowest price in the nation


The LES Competitive Market Study ranks residential, commercial and industrial electric prices of 87 cities across the nation. Prices are based on 2022 EIA data. All-in price is the price of electricity determined by dividing LES’ retail revenue by the retail sales of electricity to determine the cents/kWh. 
 

Where your dollar goes

As a public power company, you aren’t just a customer, you are a customer-owner. When you pay your LES bill, every cent of every dollar goes to keep the power flowing.

  • 45¢ goes to operation and maintenance of the electric system — covers the cost of producing electricity and delivering it to where you live, work and play.
  • 29¢ goes to construction projects and debt payments — essential investments to keep our community’s power safe and reliable.
  • 21¢ goes to payroll and benefits — helps us hire and keep talented employees.
  • 5¢ goes to payment in lieu of taxes to local governments — our version of property taxes.

With LES, your money stays invested in the local economy. Local control. Low rates. High reliability. That is the power of public power. 

A quick look at how our rates are determined
Service Regulations

LES’ Service Regulations serve as a guide for LES and customer interactions on electric service. These service regulations may be revised, amended, superseded or repealed at any time by the LES Administrative Board.

MORE ABOUT SERVICE REGULATIONS

Looking for company financials?