Rates

According to data collected from our annual rate study, LES is one of the most efficient electric utilities in the country. Since LES is a public power utility, we pay dividends to our customer-owners in the form of lower rates. LES customers save hundreds of dollars a year on electricity compared to most residents in the U.S.

Rate study statistics
LES’ OVERALL RATES
#
14
lowest bill in the nation
RESIDENTIAL RATES
#
10
lowest bill in the nation
COMMERCIAL/INDUSTRIAL RATES
#
15
Lowest bill in the nation


The National Electric Rate Study ranks residential, commercial and industrial electric rates of 100 cities across the nation.
Rates used are those approved to be in effect Jan. 1, 2020.
 

Where your dollar goes
  • 47¢ goes to operation and maintenance of the electric system — covers the cost of producing electricity and delivering it to where you live, work and play.
  • 29¢ goes to construction projects and debt payments — essential investments to keep our community’s power safe and reliable.
  • 19¢ goes to payroll and benefits — helps us hire and keep talented employees.
  •  goes to payment in lieu of tax to local governments — our version of property taxes.

With LES, your money stays invested in the local economy. Local control. Low rates. High reliability. That is the power of public power. 

Coins and a line graph