Lincoln Electric System electricity rates

It serves 134,912 residential customers in Nebraska. At 10.86¢ per kilowatt-hour it is one of the cheaper places to buy electricity in Nebraska, 20.1% under the statewide average of 13.59¢.

Consumption is close to the national norm at 808 kilowatt-hours a month against 871, so the rate translates fairly directly into the bill.

Owned by the city it serves and governed by a local board rather than the state commission. No shareholder return is built into the rate. That matters because a bill is not only the cost of generating electricity: it also carries the cost of the network, and who owns that network changes how it is paid for.

In 2024 the average Lincoln Electric System customer went 187 minutes without electricity across 0.7 interruptions. The median across the 941 utilities that report this is 185 minutes.

That is worse than typical. Overhead lines through wooded or storm-exposed terrain are the usual explanation, and the fix is vegetation management and circuit automation, both of which are recovered through rates.

410 residential customers had net-metered solar in 2024, totalling 2.99 megawatts. That works out to 3 installations per thousand customers, against a median of 8 across the utilities reporting it.

Adoption is below the national median. A low retail rate reduces what solar displaces, and export compensation set at avoided cost rather than the retail rate reduces it further. What exports are actually worth.