We were able to keep electricity rates the same for three years, including through the pandemic, but unfortunately supply chain issues and the soaring cost of supplies left Central Lincoln’s Board of Directors little choice: rates will be going up 3%. Power used from July 1 forward will cost residential customers 7.85₵ per kilowatt hour, up from 7.74₵ per kilowatt hour. The average Central Lincoln customer uses 1,061 kilowatt hours a month. The new rate will result in an increase of $1.17 per month for a customer using the average amount of electricity.
The Service Availability Charge will also increase from $24 a month to $26 a month. The Service Availability Charge assists with the costs of providing infrastructure (lines, transformers, utility poles, substations, etc.) to customers’ locations.