LINCOLN — Lincoln Electric System is deploying staff and vehicles to help utilities in Florida with anticipated power restoration efforts due to Hurricane Idalia.
Two crews comprised of 10 LES employees are headed to Tallahassee, Florida, as Hurricane Idalia is expected to make landfall Aug. 30. In preparation, utilities in the path are prestaging restoration workers and equipment and coordinating response efforts with their state and local officials.
"Storms like Hurricane Idalia can cause damage...
LINCOLN — Today, the Lincoln Electric System announced it will pay $24.3 million to local governments in 2023 through its annual payment in lieu of tax and city dividend for utility ownership. As a benefit of community-owned public power, LES distributed $12.7 million in PILOT to Lincoln Public Schools, Lancaster County and the cities of Lincoln and Waverly in April.
Required by the city charter, the PILOT represents 5% of the previous calendar year’s retail...
LINCOLN – Lincoln Electric System CEO Kevin Wailes announced he will retire at the end of 2023. Wailes began working at LES in 2010 and was the third CEO in the organization’s 57-year history. During his tenure, Wailes led the utility through many challenges and opportunities, including safely navigating the pandemic and adopting a goal to achieve net-zero carbon dioxide production from its generation portfolio by 2040.
“This decision is never an easy one to...