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 ALL-IN PRICE
#
15
lowest price in the nation
RESIDENTIAL ALL-IN PRICE
#
8
lowest price in the nation
COMMERCIAL/INDUSTRIAL ALL-IN PRICE
#
24
Lowest price in the nation


The LES Competitive Market Study ranks residential, commercial and industrial electric prices of 87 cities across the nation. Prices are based on 2020 EIA data. All-in price is the price of electricity determined by dividing LES’ retail revenue by the retail sales of electricity to determine the cents/kWh. 
 

Where your dollar goes
  • 46¢ 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.
  • 20¢ goes to payroll and benefits — helps us hire and keep talented employees.
  •  goes to payment in lieu of taxes 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. 

A quick look at how our rates are determined