Energy and Utilities
The greater Bemidji region offers some of the lowest natural gas and electrical rates in the nation. In addition, Minnesota is one of the few states that exempts energy used in manufacturing processes from the state’s sales tax. This is a direct cost savings for manufacturers in the state and region.
Electricity
North-central Minnesota is blessed with low-cost, reliable electricity. The region compares very favorably with the rest of the state, upper Midwest and nation:
2014 Average Electrical Rate Comparison (cents/kwh)
Residential | Commercial | Industrial | |
---|---|---|---|
Bemidji | 8.86 | 8.63 | 6.29 |
Minnesota average | 11.78 | 9.21 | 6.70 |
North Dakota average | 8.91 | 8.81 | 7.28 |
South Dakota average | 10.36 | 9.32 | 6.44 |
Wisconsin average | 14.87 | 11.09 | 7.75 |
National average | 12.56 | 10.71 | 7.10 |
Natural Gas
The greater Bemidji region also offers competitive natural gas rates, especially when compared to the national average. Cheaper gas prices add up quickly to bottom line savings for companies and families in the region.
2013 Natural Gas Prices (Dollars/Thousand Cubic Feet)
Price | |
---|---|
Minnesota average | 8.19 |
North Dakota average | 7.43 |
South Dakota average | 8.23 |
Wisconsin average | 8.65 |
National average | 10.17 |