Economic & Community Benefits

The utility companies of Energy Minnesota are significant contributors to the economy beyond providing safe, cost-effective and reliable energy that fuels our businesses and keeps our homes warm and lighted. They are significant contributors to the economy in the following ways:

Great Jobs and Significant Job Generator

Minnesota’s utilities provide steady, good-paying jobs for thousands of Minnesotans.

According to Minnesota's Department of Employment & Economic Development (DEED), Minnesota's utility companies provide jobs for nearly 13,000 Minnesotans who serve in key energy industries including electric power generation and distribution and natural gas distribution.  Many of these are union jobs.

Wages in this sector are the second highest in Minnesota – paying an average of $102,110 a year in 2015. That’s a whopping 89 percent higher than the $53,964 average annual wage across all industries in the state.  Over $750 million in employee wages are paid annually by the utility industry.

This doesn't include the nearly 24,000 indirect jobs (vendors).

Significant Taxpayer to All Levels of Government

Tax revenues and other fees that utilities pay to state and local governments are significant and help fund many civic programs.

  • More than $275 million annually in Minnesota property, income, payroll and sales taxes
  • $75 million franchise fees are collected and paid to local governments

Significant Contributor to Communities

Utilities are closely involved in Minnesota communities, contributing to many events and causes.

  • More than $7.5 million contributed to community and non-profit groups annually
  • More than $25 million to energy assistance annually
  • Employee volunteer programs support a wide range of community services

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