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Minnesota
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| Minnesota has the 17th lowest retail electricity prices
in the nation. The 2000 state average rate of $58.10/MWh was 13 percent
below the national average retail rate. Minnesota power rates are relatively
low because of high proportion of low cost coal generation and a more
modest nuclear exposure ($1.4 billion). In 2000, 67 percent of in-state
utility generation was from coal-fired stations. Minnesota low generating
costs are partially offset by the higher distribution costs of feeding
primarily rural areas. With its low generating costs, its utility deregulation
activities are behind most states. |
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