A lightning protection and safety rail system comprising a number of bases, vertical posts, horizontal rails, caps, mounting brackets, and lightning cables. The bases anchor the system to an elevated surface. The vertical posts extend upward from the bases. The horizontal rails extend between the vertical rails. The caps are positioned at tops of the vertical posts. The lightning cables are connected to the caps via the mounting brackets and are configured to be connected to an electrical ground. Lightning current travels from the caps, through the lightning cables, and to the electrical ground. Lightning current may also pass through the horizontal rails to a lightning cable attached to another cap.