LREC’s Natural Gas Venture Featured on cooperative.com
Lake Region Electric Coopertive’s CEO, Tim Thompson recently spoke with cooperative.com about LREC’s natural gas venture. See the interview at: https://www.cooperative.com/public/news/Pages/minnesota-co-op-natural-gas.aspx
Lake Region Lineworkers Help Restore Power in Florida
After learning about the widespread damage caused by Hurricane Irma, Lake Region Electric Cooperative lineworkers Josh Haus, Lucas Bakken, Jed Evenson, and Ethan Kern knew they wanted to help. On Sunday, September 10 the group of four joined up with 10 other lineworkers from Minnesota electric cooperatives and started the trip southward. Suwannee Valley Electric Cooperative, located in the northern part of Florida, maintains over 4,300 miles of distribution lines. Out of 26,000 SVEC customers, an estimated 23,000 were without power in the wake of Hurricane Irma. “By the time we left a week later, power on their system was 98 percent restored. The only people who still didn’t have power were those who needed electric work done,” says Haus. After a full week in Florida, the Minnesota crew arrived back home on Thursday, September 21. The lineworkers said they were excited to get back to their families, sleep in their own beds, and catch up on projects back home. They expressed their thankfulness for the opportunity to help people in need, unanimously agreeing that, “It’s good to go, but also so good to get back.”
Lake Region Expands Access to Home Energy Upgrades for Residential Members
Lake Region Electric Cooperative has joined with National Cooperative Bank (NCB) to help expand member access to solar and home energy upgrades at members’ homes. Through the effort, residential members will be able to finance their purchase of home energy products with a loan from NCB. These loans are available to LREC members interested in products such as GoWest Solar, standby generators, geothermal installations, or even home efficiency projects such as window upgrades and insulation. This provides a flexible option for members to spread their cost over multiple years instead of having to make a large, up-front cash payment.
Operation Round Up Applications Due September 15th
If you have a community project that needs funding, complete the Operation Round Up Funding application form and submit it before September 15th along with supporting documentation for consideration. Operation Round Up is a charitable fundraising program that helps support charitable needs in our service area. Members can choose to “round up” their monthly electric bills to the nearest whole dollar—on average, $6 a year. The trust fund is overseen by a nine-member board of trustees, who are selected to serve by LREC’s board of directors. The board of trustees meets quarterly to review donation applications and select grant recipients.