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Agenda - Economic Development Authority - 06/09/2011
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Agenda - Economic Development Authority - 06/09/2011
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
06/09/2011
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Uti I ities <br />Natural Gas Cost <br />• The natural gas price for industrial consumers in Minnesota was 40 percent <br />lower than Michigan, 30 percent lower than Wisconsin, 22 percent lower <br />than Illinois, 42 percent lower than Ohio, and was among the 10 lowest in <br />the nation for 2009. <br />• Natural gas is mostly supplied by pipelines entering the state from Canada and <br />North and South Dakota. The state ships over four -fifths of the natural gas it <br />receives to Iowa and Wisconsin, on the way to other markets in the Midwest. <br />• Minnesota does not charge a sales tax on energy/chemicals used in the <br />manufacturing process. <br />Natural Gas Average Retail Price for <br />Industrial Customers, Annual 2009 <br />State <br />Price (Dollars per <br />Thousand Cubic Feet) <br />Rank* <br />Ohio <br />Michigan <br />Wisconsin <br />Illinois <br />Indiana <br />9.88 <br />9.64 <br />8.12 <br />7.29 <br />6.20 <br />34 <br />33 <br />24 <br />22 <br />16 <br />Minnesota <br />5.71 10 <br />U.S. Average 5.27 <br />*Among those states with available data. <br />Source: U.S. Department of Energy, Energy Information Administration. <br />From electricity to natural gas, Minnesota utilities are abundant, reliable and affordable. 18 <br />
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