Recap of District Meetings Held in January // February 2023 CEO Column
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Recap of District Meetings Held in January // February 2023 CEO Column

Thank you to all the LREC members who attended the three 2023 district meetings held last month in-person or by livestream. Around 130 members, plus many LREC directors and employees, attended the meetings. If you did not attend your district’s meeting, please note the recorded meetings are available on our website at www.lrec.coop. It was…

January 2023 CEO Column
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January 2023 CEO Column

Customer Satisfaction SurveyThank you to all our members who completed the recent customer satisfaction survey. What I appreciate most about the survey is that it gives our members another opportunity to provide feedback, ask questions, and express concerns. Your feedback and comments give us an opportunity each year to see how we are doing when…

Lake Region Electric Cooperative Holds Three District Meetings

Lake Region Electric Cooperative Holds Three District Meetings

FRIDAY, JANUARY 13, 2023 LREC District Meetings were held on Jan. 5 and 6 in Districts 2, 5 and 8.  In District 2, incumbent Cecil “Bud” Hensel was nominated as a director candidate. In District 5, incumbent Patrick Meyers was nominated as a director candidate and in District 8, James Gronbeck was nominated as a director…

Lake Region Electric Cooperative Awards $44,950 in Funding to Local Organizations

Lake Region Electric Cooperative Awards $44,950 in Funding to Local Organizations

WEDNESDAY, JANUARY 11, 2023 Lake Region Electric Cooperative (LREC) is thrilled to announce their latest Operation Round Up (ORU) distribution. During the quarterly meeting on Jan. 9, the ORU Board of Trustees awarded funding to 108 local organizations, totaling $44,950. Since 2007, ORU has awarded $559,820 and has become a valued and indispensable charitable fundraising…

Peak Alert | 6PM–11PM, 12/23/22

Peak Alert | 6PM–11PM, 12/23/22

FRIDAY, DECEMBER 23, 2022 **This event will conclude at 9pm** Due to the extreme cold temperatures across the central United States, the Midcontinent Independent System Operator (MISO) has declared a maximum generation event for the entire territory. Great River Energy (GRE), Lake Region Electric Cooperative’s (LREC) wholesale power provider, is taking the appropriate steps to…

Phone Scam Alert

Phone Scam Alert

SCAM ALERT! LREC members have reported receiving telephone calls from numbers attempting to collect on delinquent power bills or billing corrections. If you receive a call from any number demanding payment or your power will be disconnected, hang up and consider reporting the incident to local authorities. The following numbers will be used if LREC is contacting members:…

LREC Board Approves Record $1.86 Million Capital Credit Retirement

LREC Board Approves Record $1.86 Million Capital Credit Retirement

FRIDAY, DECEMBER 16, 2022 A combined retirement of $1.86 million in patronage capital credits was approved by your Board of Directors for 2022. The ability to retire capital credits is a sign of the cooperative’s financial strength. LREC has steadily increased the amount of capital credits retired over the last decade. This will be 10 consecutive years in which…

A Year in Review—2022 // December 2022 CEO Column
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A Year in Review—2022 // December 2022 CEO Column

WEDNESDAY, DECEMBER 14, 2022 LREC Celebrates 85 Years!85 years ago in 1937, local farm families were looking for a better way. They had a vision along with the grit, determination, and ability to build consensus that was necessary to build their own electric cooperative. These pioneers of rural electrification brought themselves more than electric lights,…

Off-Peak Rate Increase Effective January 2023

Off-Peak Rate Increase Effective January 2023

MONDAY, DECEMBER 12, 2022 LREC’s off-peak wholesale power rates from Great River Energy (GRE) are rising due to increases in the wholesale power market, which is primarily driven by the wholesale natural gas market. LREC has absorbed multiple wholesale off-peak rate increases over the years, to keep off-peak rates stable for our members. Our dual…