News Releases

No rate changes in 2018 budget

Dec. 19, 2017

Grand Rapids, MN – In addition to retiring $3 million in Capital Credits to co-op members this month, the Lake Country Power Board of Directors approved a 2018 budget with no change in rates for the coming year.

Stable rates are projected despite minimal growth expected in kilowatt-hour sales and new service installations. LCP General Manager Greg Randa said LCP remains committed to controlling costs and operating on steady financial ground.