Otter Tail Power Company
215 South Cascade Street, Fergus Falls, Minnesota, United States | Electric Power
Who we are
We are an investor-owned electric utility that provides electricity for residential, commercial, and industrial customers in Minnesota, North Dakota, and South Dakota.
Ownership
We are a subsidiary of Otter Tail Corporation, which trades under the symbol OTTR on The NASDAQ Global Select Market.
Our vision
Growth and success—for our company and the rural communities we serve. We collaborate and prosper through responsible, resourceful action. We balance community, economic, and environmental commitments. Always.
Our mission
To produce and deliver electricity as reliably, economically, and environmentally responsibly as possible to the balanced benefit of customers, shareholders, and employees and to improve the quality of life in the areas in which we do business.
We make decisions based on our five core values
- Integrity: We conduct business responsibly and honestly.
- Safety: We provide safe workplaces and require safe work practices.
- Customer focus: We provide reliable electricity and timely, courteous customer service.
- Resourcefulness: We draw on the ingenuity and expertise of various resources to create strategic, balanced plans.
- Community: We improve the quality of life in the areas in which we do business
How We Generate Electricity
One of the ways we live our environmental, economic, and community commitments is in the mix of resources we use to generate electricity. Our mix is diverse, low cost, reliable, and increasingly clean. It ensures affordable electricity 24 hours a day, 7 days a week.
Our resource plan
Our 2017-2031 resource plan targets more than 30 percent of our electricity coming from renewable resources by 2021. Just over 50 percent will come from fossil-fuel resources that we own. They’re low cost, in excellent condition, and meet all environmental standards. And they have the 24/7 availability that keeps the physics of the power grid intact.
We’ve made a commitment to balance. Because the environmental and operational profiles for the resources that generate electricity aren’t all equal, we’re proud to live our commitment, in part, through our mix of energy resources.
Meeting energy goals
Our three main energy goals are reliability, affordability, and environmental responsibility. We’re glad to help our customers achieve these goals with our industry-leading energy-efficiency and load-control programs. These programs save our customers money and reduce the need to build more resources.
Learn more
Our generation mix includes coal-fired plants, hydroelectric plants, wind power, solar power, and combustion turbines. We also purchase electricity from the Midcontinent Independent System Operator (MISO) energy market when buying it is cheaper than producing it.
| Company Details | |
|---|---|
| Company Name | Otter Tail Power Company |
| Business Category | Electric Power |
| Address | 215 South Cascade Street Fergus Falls Minnesota United States ZIP: 56537 |
| President | NA |
| Year Established | 1907 |
| Employees | 780 |
| Memberships | NA |
| Hours of Operation | NA |
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