Archive - Page 13 of 29 - Great River Energy

Cooperatives return millions to members

Electric cooperative members across Great River Energy and its member-owners’ service territories collectively received millions of dollars as part of a benefit of the cooperative business model. As not-for-profit organizations, cooperatives are owned by their members and operate at cost. Any excess revenue that is left over once all bills associated with doing business have …

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Stryhn named next CEO and general manager of Agralite Electric

One of Great River Energy’s member-owner cooperatives recently announced a new leader. Jennifer Stryhn has been named CEO and general manager of Agralite Electric, a cooperative based in Benson, Minnesota. “Jennifer is the right leader for Agralite Electric Cooperative,” Agralite Board President Orvin Gronseth said. “She has proven herself as a leader, shown business vision …

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E-bike boom: Co-ops dip into e-bike sales following tech’s boost in popularity

When considering the switch to electric transportation, it might be best to start thinking small. While electric vehicles (EVs) are receiving much of the attention, it’s actually the smallest forms of e-transportation, such as e-bikes, that are experiencing the largest surge of popularity. And what’s more, this popularity doesn’t seem to be limited to metro …

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Budget, rates set for 2023

Strategic decisions to stabilize wholesale electricity rates continue to serve Great River Energy’s member-owners well, but broader economic challenges will impact energy costs in the year ahead. Great River Energy’s average 2023 wholesale rate is projected to increase by an average of 6.2% from the 2022 budgeted rate; however, many of Great River Energy’s all-requirements …

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New pollinator habitat adds more acres to co-op’s portfolio

Minnesota Native Landscapes recently planted Great River Energy’s latest pollinator habitat at the Lakefield Junction Station power plant in Trimont, Minnesota. Approximately 11 acres of land was planted with a mix of butterfly milkweed, black-eyed Susans, little bluestems and other pollinator-friendly species in late October. This space will provide a habitat for pollinators such as …

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Event connects entrepreneurs, leaders to support economic growth

As part of its commitment to powering economic growth in the communities it serves, Great River Energy sponsored the fourth annual Connecting Entrepreneurial Communities Conference. Led by University of Minnesota Extension Center for Community Vitality, this event brought together entrepreneurs, business leaders, economic development professionals, decision makers, and community champions from around the state to …

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LREC celebrates 85 years with a statue dedication

This year marks the 85th anniversary of local farmers and rural residents banding together to form Lake Region Electric Cooperative (LREC), one of Great River Energy’s 28 member-owner cooperatives. This group of people brought electricity to the people and farms located in surrounding rural areas which improved — and forever changed — the quality of …

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Great River Energy ranks among ‘Healthiest Employers’ in Minnesota

Ongoing efforts to improve employee wellness earned Great River Energy a place among the 2022 honorees for this year’s Healthiest Employers of Minnesota list. The electric cooperative took second place in the midsize category (500-4,999 employees) for Minnesota employers — behind only Syngenta, which employs more than 4,000 people. Employers from this region were recognized …

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Agreement signed to sell Midwest AgEnergy Group, LLC

Midwest AgEnergy Group, LLC executed an agreement to sell 100% of Midwest AgEnergy to HLCP Ethanol Holdco, LLC (HLCP). Midwest AgEnergy is a biofuels enterprise of which Great River Energy is the majority owner. HLCP will assume ownership of Midwest AgEnergy and its associated businesses, including the Blue Flint and Dakota Spirit ethanol biorefineries as …

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Concern for community: A top principle for co-ops

Celebrated by cooperatives nationwide during the month of October, National Co-op Month is an annual opportunity to look at the many qualities that make them unique. Cooperatives are motivated by people and their needs, not by profit. The seven cooperative principles guide electric cooperatives to operate differently from other electric utilities, putting the needs of …

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