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…
Minnesota’s legislature enters 2025 facing new challenges and opportunities. Electric cooperatives across Minnesota, led by the Minnesota Rural Electric Association (MREA), are focused on ensuring the electric grid remains reliable, affordable, and sustainable in two key areas: 1) Keeping Energy Costs Fair: Net Metering ReformNet metering compensates members who generate their own electricity (such as…
Tim Thompson has submitted his resignation as Lake Region Electric Cooperative (LREC) CEO, effective Feb. 27, 2025. Thompson joined LREC in 2007 and has served as CEO for the past 17 years, using his leadership role to focus on providing safe, reliable energy, advocate for local cooperative governance and creating a relationship with LREC’s member-owners…
Happy 2025! The holiday season remains the perfect time to focus on what really matters and we hope all our members stayed safe, warm, and were able to slow down and take some time to celebrate with those they love. The beginning of a new year also allows us an opportunity to reflect on the…