Economic Impact

New Study Reveals Minnesota Electric Cooperatives Contribute Nearly $20 billion to the State’s Economy

  (Maple Grove, MN) — Oct. 31, 2023  — A newly released economic impact analysis reveals the substantial contributions electric cooperatives make to Minnesota’s economy. Between 2018 and 2022, electric cooperatives injected a staggering $19.6 billion into Minnesota’s economy, fortifying the state’s financial landscape and supporting an average of 20,800 jobs each year. In a new study, the National Rural Electric Cooperative Association and the National Rural Utilities Cooperative Finance