About Investor-Owned Utilities

Our History

With nearly a century and half of experience, Minnesota's investor-owned utilities deliver safe, reliable and affordable energy 24/7/365.

Complexities of Operating a Utility

Minnesota's Utilities focus on providing safe, reliable energy to their customers.  Doing this requires enormous expertise and significant investment in infrastructure and technology.  Operating an electric or natural gas utility is among the most complex and critically important services provided to residents, businesses and all others.

Millions of miles of electric transmission lines and natural gas pipelines require significant investment in infrastructure to ensure reliable and safe delivery of energy.

More About How Electrical Utilities Work

More About How Natural Gas Utilities Work

 

Types of Utilities in Minnesota

Minnesota has three types of utilities:

Investor-Owned Utilities (IOUs)

Privately run, investor-owned utilities that are regulated on the federal, state and local levels of government.

Cooperatives (Co-ops)

Mostly rural electric associations that are cooperatively owned and managed by a member-elected Board.

Municipals (Munis)

Utilities owned and operated by cities.