At Minnesota Valley Electric Cooperative we are committed to economic development in our region.
At Minnesota Valley Electric Cooperative we are committed to economic development in our region.
A quick glance at who we are…Minnesota Valley Electric Cooperative (MVEC), incorporated in 1937, is a proud provider of local energy. In a day and age of ever-changing technology, MVEC can assure its members that they will continue to bring power where no one else would at a level of service no one else can deliver.
The cooperative works diligently to provide reliable, quality power at a reasonable price. And, because it is a not-for-profit organization, MVEC sells electricity to its member-owners at cost.
Approximate number of members: 41,653
Counties served: Blue Earth, Carver, Dakota, Le Sueur, Rice, Scott, Sibley, Hennepin, Waseca
Year Incorporated: 1937
Total Population
308,238
Median Age
38
Diversity Index
29
Population Growth Rate
1%
Households
110,537
Total Housing Units
116,288
Median Home Value
$299,992
Average Home Value
$361,322
Income
Median Household
$91,437
Average Household
$118,264
Per Capita
$42,596
Income Growth Rate
Median Household Income
2%
Per Capita Income
2%
Workers 16+
155,028
Total Employed
127,395
Total Businesses
8,704
Average Commute Time
0 min.
Daikin Applied Americas, which manufactures commercial heating, ventilation and air condition systems, is expanding its Faribault site; DEED is contributing $2.35 million to the project. Japanese air conditioning and heating systems maker Daikin Industries Ltd. is expanding the footprint of its American subsidiary Daikin Applied Americas...
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Daikin Applied Americas Inc. is planning a $40.3 million expansion of its manufacturing operations in Faribault that will add 132 jobs over five years. The Plymouth-based manufacturer of commercial HVAC equipment will renovate an existing 300,000-square-foot warehouse in Fairbault. The new jobs will pay on average...
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Minnesota Valley Electric Cooperative
125 Minnesota Valley Electric Drive
Jordan, MN 55352
Phone: 952-492-2313
Fax: 952-492-8281
info@mvec.net
