LINCOLN — The Lincoln Electric System Administrative Board’s Finance Committee will propose a resolution to amend the 2025 LES Budget at the May 16 LES Administrative Board meeting. The resolution will also recommend a 4% rate increase to fund the additional generation.
LES’ regional transmission organization is the Southwest Power Pool, or SPP. SPP has developed new resource adequacy regulations that outline heightened generation requirements for utilities designed to help ensure system reliability. To avoid...