Tim Thompson’s November 2022 CEO Column

Tim Thompson’s November 2022 CEO Column

THURSDAY, NOVEMBER 10, 2022 Inflation and Natural Gas Prices Drive the Need for Additional RevenueWith the rate of inflation and high cost of natural gas increasing Great River Energy (GRE) wholesale costs, we are anticipating the need to collect more revenue within the next 12 to 18 months. We anticipate an approximate 6% increase in GRE…

Lake Region Electric Cooperative Awards $10,000 in Funding to Local Organizations

Lake Region Electric Cooperative Awards $10,000 in Funding to Local Organizations

THURSDAY, OCTOBER 27, 2022 During the quarterly allocation of Operation Round Up (ORU) funding, Lake Region Electric Cooperative (LREC) awarded $10,000 this October. The ORU Board of Trustees granted funding to five local organizations at their October 10th meeting, bringing LREC’s total donation amount to $514,870 since 2007.  Organizations receiving funds were: To learn more about…