1.4 Million in Capital Credits Returned
You already know you are a member, not a customer, of LREC. You are also an owner of the cooperative. LREC is a not-for-profit cooperative owned by the members it serves. We do not earn excess profits for investors and shareholders. Our rates are set to recoup the costs of operating the cooperative, meet debt obligations, and re-invest in the electric distribution system. Operating margins are created when our revenues exceed our operating expenses during a specific year.



