LES Strategic Plan 2025 - Report - Page 21
STRATEGIC OBJECTIVE
Financial Health
Strong financial health is the backbone of our
ability to deliver on all strategic goals. With a
clear and transparent rate outlook, especially
in times of rising costs, we help customers feel
confident about the road ahead and reinforce
our role as a reliable, trusted resource.
This objective ensures we stay financially
sound by maintaining strong liquidity,
managing risk and upholding a high bond
rating. At the same time, it honors our
commitment to the community by offering
more transparency into how rates are
forecasted and why.
Success is more than just numbers. It means
we remain financially resilient, continue to
deliver real value and give customers the
clarity and trust they deserve.
OBJECTIVE
What we will do
GOALS
These goals are designed to ensure our long-term
昀椀nancial strength and operational 昀氀exibility. By
focusing on optimal liquidity, a strong bond rating
and a transparent rate outlook, we can responsibly
fund strategic priorities while maintaining trust with
customers and stakeholders.
Liquidity: Sustain optimal liquidity.
Strike the right balance between
maintaining sufficient cash reserves and
enabling investment in strategic initiatives
that drive long-term value.
Bond rating: Maintain a AA Bond rating.
Preserve financial strength and access to
favorable financing by upholding a strong
bond rating through disciplined fiscal
management.
Ensure that LES can fund the activities required to
achieve our mission and vision.
Rate outlook: Provide a transparent rate
outlook.
What we will achieve
Provide customers with clear visibility into
future rate plans, reinforcing our role as a
trusted service provider.
We will prioritize 昀椀nancial health through a strong
bond rating, su昀케cient liquidity and a transparent
rate outlook to operate in an increasingly complex
environment.
KEY ENABLERS
Enhance financial risk and liquidity
management through proactive
strategies, including inventory oversight,
rate design adjustments and scenario
planning for extreme events.
Ensure rate transparency by developing
and maintaining a long-term rate plan
that balances customer expectations
with operational realities and financial
prudence.
Align financial planning with enterprise
goals to ensure we can sustainably
invest in infrastructure, innovation and
community impact.
Invest in support, training and tools to
facilitate effective budget development
and financial management.
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