Otter Tail Power
Investor-owned electric utility generating, transmitting and distributing power to about 133,900 customers across Minnesota, North Dakota and South Dakota.
Otter Tail Power Company is an investor-owned electric utility that generates, transmits, and distributes electricity across a service territory of roughly 70,000 square miles in Minnesota, North Dakota and South Dakota. From its headquarters in Fergus Falls, Minnesota, it supplies power to approximately 133,900 customers in 422 communities. The company has operated for more than a century and functions as a subsidiary of Otter Tail Corporation, which is listed on the Nasdaq Global Select Market under the ticker OTTR.
Technical work at the company spans electricity generation, power transmission and distribution, power systems engineering, and renewable energy. Its generation portfolio includes resources the company owns or contracts, and it has set a target for that portfolio to be 55% renewable by 2030. Alongside the renewable goal, the company has stated carbon reduction targets for its owned generation resources: emissions 50% lower than 2005 levels by 2030 and 97% lower by 2050.
The utility serves residential, commercial and industrial customers in the upper Midwest, with industry verticals among its customer base including manufacturing, health services, food ingredient processing, plastics, construction and transportation. Operating priorities cited by the company include maintaining low-cost, reliable electricity service while pursuing its sustainability targets. Employees work within a diversified holding company whose other operations span multiple industries.
- Service territory: Minnesota, North Dakota, South Dakota
- Headquarters: Fergus Falls, Minnesota
- Scale: about 133,900 customers in 422 communities
- Technical domains: generation, transmission, distribution, power systems engineering, renewables
