Lincoln Electric System Administrative Board Administrative Board Meeting
The board discussed and approved several key resolutions, including the 2027 Operating and Capital Budget, 2027 rates, and authorizations for financing and the commercial paper program. The meeting included comprehensive reports from standing committees covering operations, power supply, finance, personnel, and customer services. Discussions also touched on capital projects like the Rokeby Unit 3 inspection, renewable resource evaluations, and customer feedback regarding budget and rate changes. The board also reviewed the third-quarter financial results and received updates on internal audit activities and strategic planning goals.
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Lincoln Electric System Administrative Board Regular Meeting
The board meeting covered several key agenda items, including customer comments on renewable energy and rate structures, along with staff recognitions for long-term service. Key committee reports were presented, covering the Operations and Power Supply Committee's review of the TBGS South Power Block Expansion and NERC audit results, and the Finance Committee's review of the 2027 preliminary budget. The board received an overview of the 2026 United Way campaign results, a detailed presentation on the proposed 2027 budget and rates, and a status update on the renewable resource Request for Information process.
Jul 17, 2026·Board meeting
Lincoln Electric System Administrative Board Regular Meeting
The Board meeting covered a variety of operational, strategic, and financial topics. Discussions included a mid-year customer sustainability programs update, a review of the battery storage project, and an executive session held for a cyber security update. Additionally, the Board reviewed a summary from the Operations and Power Supply Committee concerning long-range forecasts, generation interconnection agreements, and a water heater demand response project. The Board also reviewed the Q2 financial statements, covering revenue and expenses.
Jun 19, 2026·Board meeting
Lincoln Electric System Administrative Board Regular Meeting
The board meeting included a review of board member duties and responsibilities, a special notice regarding the next meeting location, and public comments concerning the net zero goal and renewable energy investment. Staff were recognized for service. Committee reports from the Operations and Power Supply Committee and the Finance Committee were presented, covering topics such as solar hosting capacity, nuclear consortium feasibility, turbine expansion project updates, and long-range financial forecasts. A detailed update was provided on the 2026 tax-exempt bond issuance, its successful results, and its impact on debt management. Finally, the CEO provided an update on strategic initiatives aimed at improving board governance, engagement, and visibility into performance metrics.
