Current | LES Customer Newsletter Current - May 2018 | Page 2

May 31 // LES Public Meeting Here’s a bright idea! Lincoln Electric System invites customers to talk with LES subject matter experts on updated service regulations, proposed new rate opportunities and new virtual net metering options. The open house will be 6-7 p.m. Thursday, May 31, at the Walter A. Canney Service Center (2620 Fairfield St.). Keep your information up to date with LES so that you can accurately report a power outage. SAVE THE DATES June 1 // Summer rates returning LES’ summer electric rates will be in effect for all energy consumed June 1-Sept. 30. Update your phone number and service address today at LES.com/report-outage. Electric rates are higher in the summer because keeping homes and businesses cool requires more electricity to be used than during the spring, fall or winter. To make sure greater demand is met, power plants that run less often throughout the year are utilized, leading to higher-cost fuel and maintenance expenses. Because the additional costs are only accrued during the summer, they aren’t included in winter rates. This year’s residential summer rate is $0.0858 per kilowatt-hour. View commercial summer rates, which vary by customer type, online at LES.com/business/rates. May is National Electrical Safety Month LES is joining with Electrical Safety Foundation International for National Electrical Safety Month, a yearly campaign to help reduce electrically-related fatalities, injuries and property loss through education. Throughout May, LES will share electrical safety messages and tips, featuring special ESFI content, on Facebook and Twitter. Electrical safety awareness and education among consumers, families, employees and communities helps prevent electrical fires, injuries and fatalities. For ESFI’s complete collection of National Electrical Safety Month resources and information on using them in your community, visit ESFI.org. DID YOU KNOW? Because we’re locally owned, we’ve made an annual payment in lieu of tax back to local governments every year since we were founded in 1966. It’s our version of property taxes and fees, representing five percent of retail electric revenue from the cities we serve, and it’s distributed back into those communities. For 2018, LES’ payment in lieu of tax is $12.9 million and will be distributed to Lincoln Public Schools, Lancaster County and the cities of Lincoln and Waverly. Since its inception, LES’ payments in lieu of tax have totaled nearly $286 million for the Lincoln area.