06/22/2010

Lake Country Power schedules upcoming member meetings

Grand Rapids, MN – Lake Country Power will hold meetings this summer to discuss the upcoming vote on PUC regulation, issues affecting electric rates and its mission to provide safe and reliable electric service.

One of the meetings will be held Tuesday, July 13 at the Morse Town Hall, which is located about one mile from Deer River on Highway 46. The meeting will begin 7:00 p.m.

“It is the right and privilege in a co-op for members to vote on an issue such as regulation,” said Lake Country Power General Manager Rick Lemonds. “Rate regulation will add to the co-op’s costs and if members vote in favor, Lake Country Power will meet that objective and continue providing consumers with safe, reliable and affordable electric service. We can safely estimate that rate regulation will increase expenses on average $350,000 per year.”

The meetings are open to all Lake Country Power members. Reservations aren’t required, but members may RSVP by calling Tami Zaun at 218-326-7152 or 800-421-9959.

Lake Country Power, www.lakecountrypower.coop, is a Touchstone Energy® cooperative serving parts of eight counties in northeastern Minnesota.  The rural electric cooperative provides services to more than 42,000 members and has offices located in Grand Rapids, Kettle River and Mountain Iron.

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