Lake Region Electric Cooperative
During the 2017 Legislative Session the Minnesota Legislature passed and the Governor signed a provision that reduces duplicative regulation on your electric cooperative. This local democracy legislation ensures decisions that impact member-owners of Lake Region Electric Cooperative (LREC) are made by your locally elected board of directors.
The legislation impacts the distributed generation section of statute and brings it in line with the rest of Minnesota Statute as it applies to rates, fees, and charges of electric cooperatives. Electric cooperatives will follow the law as laid out by the legislature. Specifically, LREC is considering whether to adopt authority to implement this section of statute (Minnesota Statute 216B.164). If the Board elects to do so, LREC must pass a resolution to adopt this authority and implement related rules. With the passage of the provision, the legislature affirmed the value of local decision-making and will result in rates and services that reflect our community’s needs while keeping administrative costs down.
Consequently:
- The LREC Board will receive member comments regarding adoption of Minnesota Statute 216B.164 at a member forum on Monday, November 20th, 2017.
- The forum will be held in the LREC Public Meeting Room at 1400 South Broadway, Pelican Rapids, MN at 8:00 a.m.
- Members who are interested in learning more about this legislation are encouraged to attend and will have the opportunity to comment.
- Members may also submit questions or comments to board@lrec.coop or Board of Directors, Lake Region Electric Cooperative, P.O. Box 643, Pelican Rapids, MN 56572.
- Submitted comments should be postmarked no later than November 15th, 2017.