You Can Expect To Pay More For Your Energy Bill
You can expect to be paying more on your energy bill in the next few months. Unexpected power plant outages, tornadoes, and one of the coolest summers on record, has left the Lincoln Electric System about three and a half million dollars behind in retail revenue, for it's 2004 budget year. The shortfall is forcing LES to move up the start of a three percent rate hike, starting October first, instead of January first like expected. The board has also scheduled another three percent rate increase, beginning October first of next year.