Where It All Started: MCE History and Purpose
Established in 2007 as the Minnesota Municipal Gas Agency, Minnesota Community Energy is a municipal corporation and a political subdivision of the State of Minnesota organized under Minnesota Statutes Chapter 453A.
Minnesota Community Energy is authorized to secure an adequate, economical, and reliable supply of gas to its growing number of members and participants. MCE holds statutory authority to issue bonds or notes to provide funds to carry out any corporate purposes and powers. MCE also possesses the statutory authority to exercise the powers of a municipal power agency in a tax-exempt prepaid energy transaction.
Delivering Tax-Exempt Prepaid Energy Across the US
Although MCE is headquartered in Minnesota, we can offer the benefits of purchasing energy through a tax-exempt-financed prepaid transaction to public gas systems and public power systems anywhere in the U.S. Contact us today to learn more about Minnesota Community Energy.
Frequently Asked Questions
What sets Minnesota Community Energy apart from its competitors?
Minnesota Community Energy is headquartered in Minnesota, a highly preferred state for tax-exempt transactions. Not only are we a reliable energy source, but we are one of the only prepay bond issuers that offer the Electricity Switch.
Who can purchase energy solutions from Minnesota Community Energy?
Minnesota Community Energy sells tax-exempt-financed, prepaid energy to public gas distributors and public power generators across the US. Contact us today to learn more.
Do MCE prepay bonds perform well in the markets?
Minnesota Community Energy is headquartered in Minnesota, a highly preferred state for tax-exempt transactions. Tax-exempt debt from Minnesota issuers has been well received in the markets over the years.
How does the Electricity Switch benefit generating utilities?
If the generation ceases to operate, MCE can convert a discounted prepaid gas contract to a contract for the purchase of market electricity with a comparable discount.
See how MCE can help deliver value for your community today!
CONTACT USWhy Minnesota?
Tax-exempt debt from Minnesota issuers has been well received in the financial markets over the years.
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