Customer Stock Purchase Plan

Because we’re a subsidiary of Otter Tail Corporation, you can purchase stock in Otter Tail Corporation through the Customer Stock Purchase Plan. 

Here's how it works

  • If you’re a customer, you can purchase common stock—without paying transaction charges or brokerage fees—by adding your investment to your monthly electric bill payment.
  • For added convenience, you can buy Otter Tail Corporation shares using Ready Check. Deduct your investment and bill charges automatically from your bank account each month. You decide how much to invest each month when you enroll in this program.
  • After a minimum initial investment of $100, you can choose to invest from $10 to $10,000 a month without brokerage fees. Just add the amount to your monthly electric bill payment and write a note on your statement that says "for stock purchase." If you decide not to purchase stock in any month, simply do nothing. 

The investment is easy to track

Shortly after each purchase you'll receive a statement showing the number of shares in your account. Your investment grows because quarterly dividends are reinvested automatically to purchase additional shares. 

Want to sign up?

Fill out this Customer Stock Purchase Plan authorization form and mail it to:

Shareholder Services
215 South Cascade
PO Box 496
Fergus Falls, MN 56538-0496

  • You also may email Shareholder Services at [email protected] or call them at 800-664-1259 for more information.
  • The Customer Stock Purchase Plan is only for Otter Tail Power Company customers. If you’re not a customer but would like to invest in in Otter Tail Corporation, contact Shareholder Services at 800-664-1259 or your broker.