Plug in with LREC— Electric Vehicle Rates

They may be few in number now, but electric vehicles (EVs) have arrived in the lakes area. Electric vehicle owners can save money every time they charge their car with LREC’s EV rates. LREC offers three rate options: time-of-use, storage, and plug-in hybrid electric vehicle (PHEV). The time-of-use rate allows members to choose what time they charge their car and how much they want to pay. The storage rate has predetermined charging times set by LREC and is the lowest cost option. The PHEV charging rate remains the same at all times but is controlled with LREC’s dual fuel program, which is approximately 3.5 days/month for 4.5 hours of control. Utilizing these rate options requires a separate sub-metered circuit be installed to accommodate an Electric Vehicle Supply Equipment (EVSE) charging station. 

CHARGING RATES & TIMES

Electric Storage Rate

Time of Use Rate

Hybrid Rate (PHEV)

TimeRate
10pm–6am5.5¢
6am–10pmN/A
Please note that this program requires that a separate sub-metered circuit be installed to accommodate an Electric Vehicle Supply Equipment (EVSE) charging station.
Summer
(June–Aug)
MonTuesWedThurFriSat/SunHolidays
8pm–8am7.07¢7.07¢7.07¢7.07¢7.07¢7.07¢7.07¢
8am–4pm10.95¢10.95¢10.95¢10.95¢10.95¢7.07¢7.07¢
4pm–8pm47.34¢47.34¢47.34¢47.34¢47.34¢7.07¢7.07¢
Other Months
(Sept–May)
MonTuesWedThurFriHolidays
8pm–8am7.07¢7.07¢7.07¢7.07¢7.07¢7.07¢
8am–4pm10.95¢10.95¢10.95¢10.95¢7.07¢7.07¢
4pm–8pm35.82¢35.82¢35.82¢35.82¢7.07¢7.07¢
Please note that this program requires that a separate sub-metered circuit be installed to accommodate an Electric Vehicle Supply Equipment (EVSE) charging station.
TimeRate
Anytime6.8¢
Please note that this program requires that a separate sub-metered circuit be installed to accommodate an Electric Vehicle Supply Equipment (EVSE) charging station.

Are you interested in one of our EV rate options? If so, please fill out the Load Management Application and select the desired program at the bottom of the application. If you need assistance with the application, please call our energy management team at (800) 552-7658. Thank you!

ELECTRIC VEHICLE CHARGING STATION REBATE

Looking to install an EV charging station? LREC offers members a one-time per account $500 rebate when purchasing a level 2 charger. To make purchasing a breeze, LREC has partnered with Energy Wise to give members an online purchasing option. With Energy Wise, a $500 rebate is automatically applied to the level 2 charger, so there’s no extra paperwork or forms to fill out.

Still want to purchase a level 2 EV charger but want to use a different vendor? Members can qualify for the one-time per account $500 rebate after their purchase when they join one of our rate programs. The rebate application form can be found below. If you need assistance, please connect with our energy management team at (800) 552-7658.

Wondering how the Inflation Reduction Act can help? Visit here to learn more.


NEW! Great River Energy (GRE) is offering free wind energy upgrades for electric vehicles through the REVOLT program! Power your EV with 100% wind generated power for the lifetime of the vehicle, at no extra cost. You’ll still pay for the energy you use, but you’ll be able to do so knowing that when you go electric, you’ll always be green. 

How much is the REVOLT promotion worth?
An average EV requires about 4,000 kilowatt-hours a year to get around. So to be certain your energy needs are covered, GRE will be dedicating 5,000 kilowatt-hours a year for the lifetime or lease of your vehicle. If you own your vehicle, that could be up to 50,000 kWh upgraded to wind energy for free.

Next steps
After the purchase or lease of your EV, please fill out this form. To submit your completed form, you can email it to lrec@lrec.coop or send by mail to:

Lake Region Electric Cooperative 
C/O Energy Services

1401 South Broadway
Pelican Rapids, MN 56572

This consumer’s guide lists the various plug-in electric vehicles available today, along with their driving range, charging time, and other characteristics. It discusses the types of plug-in electric vehicles, factors affecting performance, charging considerations, incentives, and more. It was put together by the Electric Power Research Institute (EPRI). EPRI conducts research and development relating to the generation, delivery, and use of electricity for the benefit of the public.