Latest News

New study reveals Minnesota electric cooperatives contribute nearly $20 billion to the state’s economy

by Ryan Johnson, Minnesota Rural Electric Association (MREA) In a new study, the National Rural Electric Cooperative Association (NRECA) and the National Rural Utilities Cooperative Finance Corporation partnered with Strategen Consulting to unveil the remarkable economic impact of electric cooperatives in Minnesota and across the nation.  “This study’s findings underscore the indispensable role electric cooperatives […]

Steele-Waseca Cooperative Electric awarding $1,000 scholarships to qualified high school graduates in 2024

Steele-Waseca Cooperative Electric is providing $1,000 scholarships to qualified high school seniors graduating in 2024.  The Steele- Waseca board of directors last year voted to increase the scholarship amount for eligible high school graduates. One scholarship will be presented to each participating school. Scholarship eligibility required by Steele-Waseca includes: 1. Applicants must currently be high […]

Manager Connection – Reliable, affordable electricity continues in 2024

By Syd Briggs,General Manager Ringing in a new year sparks a sense of renewed hope and optimism about the future. As the general manager of Steele-Waseca Cooperative Electric, for me, it’s a time to reflect on where we are and where we’re going. At the heart of this reflection, I think about ways we can […]

Budget, rates set for ’24 by wholesale provider Great River Energy

The board of directors for Steele-Waseca Cooperative Electric’s wholesale power provider recently met to determine its budget and wholesale electric rates for 2024.  Great River Energy’s (GRE’s) average 2024 wholesale rate is projected to increase by an average of 2.2% from the 2023 budgeted rate.  “Our rates remain nearly 20% below the regional weighted cost […]

Steele-Waseca installs two electric vehicle chargers

Steele-Waseca Cooperative Electric in November completed the installation of two electric vehicle (EV) charging stations (four plug-ins in total) located in the front entrance parking lot at its headquarters in Owatonna. Steele-Waseca Operations Engineer Steve Nordahl lead the project and is pleased the co-op can offer electric vehicle charging. The chargers are available to anyone’s […]

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