This month, I want to draw your attention to the cooperative’s 2025 Operating Summary, which you’ll find below this article. This summary gives a quick look at LREC’s assets, liabilities, and other financial details — basically, how we’re doing as a cooperative. It also shows our total margins for the year. When we talk about…
Providing our members with safe, reliable, and affordable electricity is the mission that guides all we do at Lake Region Electric Cooperative. To make sure your cooperative is well-positioned for the future and to continue providing you with the reliable energy that powers your homes and businesses, we’ve determined a rate adjustment will be necessary…
Happy 2026! I hope you had the chance to celebrate a happy and safe holiday with friends and family. I’d like to start the month by providing an update on progress we’ve made and the remaining timeline regarding the upcoming rate adjustment. The Class Cost of Service Study (CCOSS), which was approved in October by…
Happy holidays! I want to use this month’s column to follow up on the final two areas of interest indicated in October’s Member Satisfaction survey: capital credits and off-peak controls. As a member of an electric cooperative, you invest in LREC through your revenue contribution. Each year, any margin (revenue after expenses) earned by LREC…
2025 Member Satisfaction Survey Takeaways Distributed every October, our annual Member Satisfaction survey continues to serve not only as a gauge on our performance over the past year, but also as a way to make sure we’re sharing information on areas of service most important to our members. We’re happy to report that regarding overall…
All it takes is a trip to the grocery store to see that costs are continuing their steady rise upward. Here at Lake Region, we recognize that inflation is a challenge for our members; we want to do our part to make sure we are providing you with the reliable energy you require at an…
Suddenly, we find that summer has come to a close; it always seems to happen a little sooner every year. And, while we may hang onto warm weather for a few more weeks, LREC staff and our Board of Directors have already begun shifting gears to focus on the challenges that lie in the months…
As we work our way through the end of summer, the potential for severe weather—and the outages that can occur as a result—continues to be as strong as it was in early June. Vegetation management (VM), LREC’s proactive and systematic approach to maintaining acceptable tree, shrub, and other growth around power lines and easements, plays…
As your cooperative, education is one of our core principles. It’s our responsibility to provide regular, transparent communication that allows our members to stay informed on the trends, outlook, and legislation that will shape how energy is delivered in the months and years ahead. For the fourth consecutive year, LREC worked with industry partners to…
Please join LREC staff and the Board of Directors in welcoming our Cooperative’s new CEO, Joel Janorschke! Janorschke was named CEO on May 6th following the recruitment and interview process by the Board CEO search committee and Debra Englund of HRExpertiseBP that began in March. Set to officially begin his new role on June 16th,…