LES Decarbonization Goal

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Net zero by 2040, LES Board approves decarbonization goal

After participating in a year-long educational series on establishing a new carbon reduction goal and soliciting public opinion at the beginning of the month, the LES Administrative Board adopted a 100% net decarbonization goal by 2040 during its Nov. 20 meeting. LES acknowledges that the emissions of greenhouse gases from fossil fuel-fired power generating plants contribute to increased concentration levels of atmospheric carbon dioxide, which in turn contributes to climate change. The Board adopted this goal in response to the risks associated with climate change.

In 2019, the mayor of Lincoln began developing a new Climate Action Plan for the community. The Board recognized its role in helping to achieve a community goal while also maintaining high levels of electric system reliability and affordable retail electric rates to every customer in the area.

In October, the city released a draft of its Climate Action Plan, in which a citywide goal to reduce net greenhouse gas emissions 80% by 2050, relative to 2011 levels, was announced. At its November meeting, the LES Administrative Board committed to striving to mitigate its reliance on fossil fuels by establishing a goal to achieve net zero carbon dioxide production from its generation portfolio by 2040.

Moving forward, staff will continue its ongoing process of technological and financial evaluations to make prudent resource planning decisions.

Approval of LES Decarbonization Goal – LES Resolution 2020-16

 

Virtual public meetings held Nov. 4, 5

See the replay videos of LES' decarbonization goal discussion, including public comments, by clicking the buttons below:

Nov. 4 meeting

Decarbonization goal meeting replay 

Nov. 5 meeting

Decarbonization goal meeting replay

Over the last decade, LES has managed to increase renewable energy production from the equivalent of 10% of retail sales in 2010 to 46% in 2019, simultaneously reducing CO2 emissions by 42% and the carbon intensity of its energy produced by 38%. As part of establishing a new carbon reduction goal that continues to build on the utility’s environmental initiatives, LES’ Administrative Board has been learning about the related financial, reliability and climate change considerations throughout the year.

Seeking input on a goal to achieve net carbon reduction between 95-100% by 2040-45, the Board sought public comment from the community via two separate virtual public meetings Nov. 4 and 5. These meetings included a presentation by LES staff, interactive polls and time for public comment. View the replay videos of the meeting presentations by clicking the buttons above.

News release: Seeking input on decarbonization goal, LES to host public meetings

 

Sustainability at LES

What we're doing

 

What you can do
 

COSTPROGRAM
PAYS YOULES Peak Rewards: Get paid $25 at sign-up plus $25/year to let LES temporarily adjust your smart thermostat a few times a year. Help your community manage energy more efficiently without sacrificing comfort.
PAYS YOUSustainable Energy Program: Get incentives for new energy-efficient technologies in your home or business. Check out LES.com/sep to learn more.
$0Paperless Billing: Save trees by saving paper AND saving yourself some hassle. Switch to paperless statements for your monthly bill, and LES puts the cost savings toward more trees and more solar in our community. LES.com/paperless
$0EV Interest Group: Learn more about electric vehicles in the area and help prepare for the plug-in future. Learn more about EVs at LES by visiting LES.com/ev
~$0.60*REC Purchase Program: Buy Renewable Energy Certificates to mark your home or business’ energy use as 100% renewable for pennies on the kilowatt-hour through LES. The 2020 REC rate is $0.00061 per kWh. More at LES.com/rec.
$3SunShares Program: If you can’t afford to install your own panels or purchase a virtual one, there’s still a way to help! Support solar in Lincoln for about the price of a coffee a month.
$8.90**Virtual Net Metering Program: Purchase a “virtual” solar panel. Virtual net metering at LES’ community solar facility allows you to contribute to solar energy in our community and receive monthly bill credits for the power your virtual panels generate, as if panels from our community solar project were sitting on the roof of your home or business.

*This number is an approximation based on averages. For more specific estimates, please see REC Rider in LES’ rate schedule.

**This is the current monthly cost of leasing a half-panel in 2020. See VNM Rider in LES’ rate schedule for more information.