2018 District Meeting Schedule
Candidates for the LREC Board of Directors will be nominated in districts 1, 4, and 7. There will be a meeting held in each of the three nominating districts. You are invited to attend any meeting, although only members of nominating districts will be allowed to vote.
Widespread Outage Involving Transmission Line
On the night of January 4th, 2018, over 2,500 members, many who are served by the Lake Eunice Substation, were without power for several hours. The outage was caused by a broken jumper wire on a Great River Energy (GRE) transmission line near Audubon, MN, which feeds power to the substation. The failure was most likely caused by the cold temperatures—bitter cold can sometimes snap a wire in a connector.
LREC Approves $1.21 Million Capital Credit Refund
Your board of directors recently approved the retirement of $1.21 million in patronage capital credits in 2017. People and organizations who were members of Lake Region Electric Cooperative in 1991, 1992, 1993, and 1994 are receiving capital credit retirements. The financial plan is to bring down the disbursement cycle to a 20-year rotation by the year 2020. The 2017 capital credit disbursement is another step in this direction. This will make five consecutive years in which Lake Region’s capital credit retirement has exceeded a million dollars!
Looking Ahead to Hybrid “Green Energy” Project Benefits — CEO Message: December 2017
What happens when a single large wind turbine is combined with a commercial scale solar array? For the member-owners of Lake Region Electric Cooperative, the answer is three-fold. First and importantly, this hybrid wind-solar project will be a lower cost energy resource that will help keep your co-op’s electric rates stable and competitive. Not only will it be good for retail rates, but it also adds local, renewable energy to the existing generation sources on which we depend. Third, it will provide additional tax revenue to the county and state.
Our office will be closed the following days: Christmas – December 25th–26th and New Years – January 1st–2nd
Members Can Now Report Outages Online
When visiting the Outage Center on Lake Region Electric Cooperative’s website, members will see a button providing the option to “Report an Outage” online from the convenience of a smartphone, tablet, or computer. Here at LREC, we are always working to make communication easier for our members. If you prefer to report an outage online, rather than dialing and responding to voice prompts, this new option makes it possible to report an outage using the browser on your smartphone.