Minnesota Energy Resources Corp Salary

As of August 2026, the average annual salary for employees at Minnesota Energy Resources Corp in the United States is $115,353. This translates to an approximate hourly wage of $55. Salaries at Minnesota Energy Resources Corp typically range from $101,514 to $130,292 annually, reflecting the diverse roles and experience levels within the company.
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Is Minnesota Energy Resources Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Minnesota Energy Resources Corp's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Texas Petroleum Investment Co $112,600
-2.4%
Indicates identical technical requirements and experience levels between the two firms.
Alpha Mine Group LLC $106,872
-7.4%
Normalized for lower cost-of-living zones where Alpha Mine Group LLC primarily operates.
Delaware Water Gap Chemical & Hose Co $112,769
-2.2%
Suggests Delaware Water Gap Chemical & Hose Co utilizes a highly similar base-plus-benefits compensation model.
Gas South LLC $107,779
-6.6%
Gas South LLC focuses strategically on recruiting and training entry-level apprentices.
Energy & Utilities Industry $130,148
+12.8%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Minnesota Energy Resources Corp

Considering a career at Minnesota Energy Resources Corp? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Everyone is encouraged to innovate and contribute to long-term clean energy success. It’s a quiet place to work with limited distractions. There’s little change or innovation, but it’s reliable work for those seeking consistency in their roles and schedules. The company excels in maintaining high safety and environmental standards, creating a secure and responsible workplace.
Regular training, top-tier equipment, and a culture of accountability ensure a secure workplace. Support from management is consistent, and the emphasis on safety is a top priority. There’s little direct communication from higher-ups. However, creativity isn’t strongly encouraged, and career growth is somewhat limited. The Energy and Utilities sector can be intense, but this company supports its e...
My role is clearly defined, and expectations are fair. Benefits and compensation meet expectations. Projects are well-organized, and you always feel your work makes an impact. Operational goals are clear and consistently achieved. Strong safety culture and open communication build trust.

Minnesota Energy Resources Corp Overview

Website
www.minnesotaenergyresources.com
Founded In
1980
Employees
200 - 500 employees
Industry
Energy & Utilities
Headquarter Address
PO Box 6040 Carol Stream Illinois IL 60197
Revenue
$50 Million - $200 Million
Phone Number
+1 8008899508
Social Media
About Minnesota Energy Resources Corp
Minnesota Energy Resources delivers natural gas to 232,000 customers in 184 communities across Minnesota. For more than 80 years, we've grown and changed with the communities we serve. Our employees are dedicated to delivering natural gas safely and reliably. We look for ways to reduce costs for our customers. And we help our local communities grow even more.

What Benefits Does Minnesota Energy Resources Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Minnesota Energy Resources Corp offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Minnesota Energy Resources Corp.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Minnesota Energy Resources Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Minnesota Energy Resources Corp salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Minnesota Energy Resources Corp

1. How much does a Minnesota Energy Resources Corp employee make?

Minnesota Energy Resources Corp pays its employees an average of $115,353 per year. The average salary at Minnesota Energy Resources Corp range from $101,514 to $130,292 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than Minnesota Energy Resources Corp?

The salary at Minnesota Energy Resources Corp is higher than the similar company. The average annual salary at Minnesota Energy Resources Corp is $115,353, or an hourly wage of $55, in comparison to Texas Petroleum Investment Co which pays $112,600 per year or $54 per hour.

3. How much does a Vice President, Operations typically earn at Minnesota Energy Resources Corp?

A Vice President, Operations at Minnesota Energy Resources Corp typically earns an average annual base salary of around $339,777, with a general range of $281,386 to $407,243.

4. Do employees with advanced degrees (Master's, PhD) earn more at Minnesota Energy Resources Corp?

In many roles at Minnesota Energy Resources Corp, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Chicago affect the perceived value of a Minnesota Energy Resources Corp salary?

Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from Minnesota Energy Resources Corp based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Minnesota Energy Resources Corp typically offer employees?

Minnesota Energy Resources Corp generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Minnesota Energy Resources Corp" section on this page.