Natural Gas: Looking Ahead to 2025

Our natural gas subsidiary, Lake Region Energy Services (LRES), continues to make a positive impact for all LREC rate payers by reducing the amount we need to collect in electric rates.

We know there is a desire for us to expand natural gas availability to new areas, and we share that goal where it makes sense. However, bringing natural gas to new areas requires a balance between cost and demand. To make a project feasible, we typically need at least 20 customers per mile of new pipeline. Unfortunately, finding areas where we can meet this requirement has become increasingly difficult.

For 2025, we will continue to research potential opportunities, but we do not have any new expansion projects planned. We remain committed to delivering energy safely and efficiently and will keep you updated if any new developments arise. Thank you for your understanding and continued support.