LINCOLN – Lincoln Electric System is ready for the next step in its latest long-range planning process with its third and final Integrated Resource Plan public meeting 6-7:30 p.m., Aug. 24, 2017, at the Walter A. Canney Service Center.
This meeting will focus on reviewing the final draft of the report and the related action plan, which includes details on the future of the Western Area Power Administration contract, Sustainable Energy Program and smart thermostat pilot program. The LES Administrative Board will take action on the report at its Sept. 15, 2017, meeting.
The IRP is a blueprint developed every five years to help forecast when power resources will be needed, what the power-generation mix should look like and how the utility will bring it together to best serve its ratepayers in the future.
LES reviewed the IRP’s timeline and a summary of the primary decision points expected to come out of the 2017 process at its first public meeting on March 23, 2017. The second public meeting, held June 29, 2017, reviewed board decisions on the SEP benefit/cost metrics and related input assumptions. Feedback was also requested regarding the subsequent analysis of various supply- and demand-side resource options.
Required as part of LES’ hydroelectric power contract with the Western Area Power Administration, LES' IRP is part of the utility's strategic planning efforts that keep it among the best power companies in the nation. The last IRP was produced and filed with WAPA in 2012.
Merging industry knowledge and insight from LES customer-owners in the IRP process, LES keeps its goal of maintaining the lowest possible rates for its customers while meeting their energy needs with efficiency and reliability on the leading edge of the power industry.