Much of the mercury contamination in aquatic biota originates from coal-fired power plants, point sources that release mercury into the atmosphere. Understanding mercury dynamics is primarily important because of the toxic threat mercury poses to wildlife and humans through the consumption of contaminated fish. In this study, we quantified the relative importance of proximity to coal-fired power plants on mercury accumulation in two fish species of different trophic positions. Fish, water and sediment were collected and analyzed from 14 lakes, seven near to (<10 km) and seven far from (>30 km) coal-fired power plants. Lower tissue mercury and higher tissue selenium concentrations were measured in fish collected near power plants. Moreover, mercury accumulation in fish was driven by biotic characteristics (e.g., trophic position, total length, age), waterbody characteristics (e.g., pH, dissolved organic carbon and sulfate) and distance from power plants. Proximity to an atmospheric point-source of mercury and selenium, such as a coal-fired power plant, affects the quantities of mercury and selenium accumulated in fish tissue. Differences in accumulation are hypothesized to be driven in part by selenium-mitigated reductions in fish tissue mercury near power plants. Although reduced fish tissue mercury in systems near power plants may decrease mercury-specific risks to human consumers, these benefits are highly localized and the relatively high selenium associated with these tissues may compromise ecological health.