Louisiana Ranks #1 for Lowest Electricity Rates

Data from the EIA (Energy Information Administration) shows that Louisiana's 2016-2017 average residential price (cents/kWh) is 9.2125, the lowest in the country.

Click here for Electricity Rates by State

This is also a data reference for any future power-related articles. The resource includes information about your community's energy market, 2017 residential and commercial supply rates and rankings.

Please share the resource for your community as it continues to be a leader in the market and economy.

 

Mr. Clarence Williams completes his term on TEDA's Board of Directors

                           CLARENCE WILLIAMS                          BOARD OF DIRECTORS                                     2007-2017

                           CLARENCE WILLIAMS

                         BOARD OF DIRECTORS

                                    2007-2017

TEDA's Board President, Mr. Chad Hebert, shows appreciation to Mr. Clarence Williams for his time served on the Board of Directors. Thank you Mr. Williams for your generous commitment of time, support and inspiration to TEDA.  

LED'S STEP GRANT OFFERS TRAVEL EXPENSE REIMBURSEMENTS FOR OFFSHORE EUROPE - SEPTEMBER 5-8, 2017 - ABERDEEN, U.K.

About Offshore Europe 2017

Offshore Europe features over 56,000 attendees and offers Louisiana companies an opportunity to engage directly with international market leaders and innovative technology companies. As Europe’s leading energy and petroleum event, the conference attracts global audiences of engineers, technical specialists and industry leaders. The 2017 conference will be held at the Aberdeen Exhibition and Conference Center and is organized by the Society of Petroleum Engineers. 

STEP Grant Opportunity

LED’s STEP Grant will offer travel expense reimbursements of up to 75 percent for new-to-export companies and up to 50 percent for market-expansion companies, for total assistance of up to $2,500 per company for attending Offshore Europe.

Learn more about utilizing the STEP Grant for Offshore Europe by clicking here or by calling

Sheba Person-Whitley - Senior International Trade Manager
International Commerce Division - Louisiana Economic Development
T     225.342.2537
C     225.772.2981
Sheba.Person@la.gov

617 North Third Street
Baton Rouge, Louisiana

Louisiana Contractors Accreditation Institute - Classes starting Soon

Registration begins June 26, 2017 and last day to register for class will be September 11, 2017.

The Louisiana Contractors Accreditation Institute, a partnership between Louisiana Economic Development, Louisiana Community & Technical College System and the Louisiana State Licensing Board for Contractors offers small and emerging construction Businesses critical information about construction management and how to prepare for the Business Law parts of the contractors state licensing exam.  

Louisiana ranked fifth-best road trip state

While tourism being one of the biggest industries in Louisiana is no surprise to anyone in the Bayou State, the state being named one of the top road trip state in the nation was a pleasant surprise for local tourism groups.

According to an annual report by wallethub.com, Louisiana is the fifth-best state for tourists to take road trips. The 50 states were ranked based on a number of factors divided into three overall categories: cost, safety and activities.

What are the Safest Cities in Each State? Schriever, Bayou Blue, Bayou Cane and Gray all ranked as one of the safest!

LendEDU recently released a report that highlighted the safest cities in Louisiana and Schriever, Bayou Blue, Bayou Cane and Gray all ranked as one of the safest.

Using licensed data, each city’s crime index was rated against the state and national average crime index.

The full report and a more detailed methodology can be found here: https://lendedu.com/blog/safest-cities-state/

 

 

The 250 Cities That Are Seeing the Fastest Growth in Household Income - Houma ranked 187

Houma, Louisiana ranked as one of the best places in the United States to make more money and grow income according to LendEDU’s newest report.

Houma ranked #187 out of over 25,000 U.S. towns! Factors that were analyzed include income growth from 2000 to 2017 and forecasted income growth over the next five years. 

The full report and methodology can be found here: https://lendedu.com/blog/250-cities-seeing-fastest-growth-household-income/

 

Houma ranks #442 in U.S. cities with the lowest average student debt balances

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Houma ranked #442 in LendEDU’s newest report detailing the cities throughout the U.S. with the lowest average student debt balances.

The rankings for this report were developed by licensing Experian’s most recent financial data. More than 10,000 cities throughout the U.S. were analyzed for their average student debt balance. And, Houma ranked as having one of the lowest average student debt balances!

The full report and methodology can be found here:

https://lendedu.com/blog/u-s-cities-highest-lowest-student-debt-balances/

 


 

Your Pie: Craft pizza and beer eatery coming to Houma

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A new casual craft pizza and beer restaurant will open in Houma late this summer offering pizza and panini, as well as gelato and craft beer.

Your Pie is set to open Aug. 1 at 1378 W. Tunnel Blvd. Aug. 1, across from the Plantation Inn, but Ricky Reaves, the owner and local entrepreneur, said he’s aiming to open a bit sooner.

How does Louisiana rate among the other 50 states on property taxes?

Where Does Your State Stand?

Louisiana is #38

Effective Tax Rate: 0.71%

Average Home Value: $183,591

Average Property Tax: $1,302

Highest Average Metro Property Tax: New Orleans, $1,864

Total Single-Family Homes: 1,303,899

Total Property Taxes: $1,698,204,632

American homeowners paid property taxes totaling nearly $278 billion in 2016, according to a new report from ATTOM Data Solutions, the nation's largest property database. That means that each of the country's 84 million single-family homeowners paid an average of $3,296 in property taxes, which amounts to an average 1.15% effective tax rate.

 

Houma Ranked #171 in LendEDU's Best Cities for Staying in Shape Report

Not only is staying in shape entirely up to you, but choosing what city to live in is also in your control. LendEDU’s Best Cities for Staying in Shape report will help you make the right decision by blending those two choices together.

Mr. Kerry Chauvin completes his term on TEDA's Board of Directors

                         KERRY CHAUVIN                    BOARD OF DIRECTORS                               2013-1016

                         KERRY CHAUVIN

                   BOARD OF DIRECTORS

                              2013-1016

TEDA's Board President, Mr. Chad Hebert, shows appreciation to Mr. Kerry Chauvin for his time served as President on the Board of Directors.  Thank you Kerry for your generous commitment of time, support and inspiration to TEDA. 

Houma company, Marine CFO, teamed up with Lloyd's Register on new software product

Partnerships Drive SubChapter M Solutions

Unless you’ve been lost at sea for the last few years, you know about Subchapter M. You know the June publication of the U.S. Coast Guard’s regulations for ensuring minimum safety standards on tows and tugs, which will extend inspection requirements to the majority of these vessels for the first time, moved the long-awaited, and in some cases, dreaded program from the haze of eventually out into the cold light of day.

New vessel being built for Houma-based Seacor Marine

Seacor Marine LLC is set to take delivery of the 194’x32’x15′ aluminum fast support vessel Liam J. McCall from Franklin, La.-based Gulf Craft LLC. Designed by Incat Crowther, the new FSV is part of what Seacor calls its Express Plus-Plus Class FSVs. The Liam J. McCall has a 9.08′ draft and is designed to carry a crew of 16 and have passenger capacity for up to 58 offshore workers. Its mission is high-speed passenger and cargo transport and emergency evacuation.

Business Dreams become reality for mom

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For Nicole Reding, a native of Cut Off, opening a vintage re-sale clothing store in downtown Houma had been a dream she had been working toward for more than two years as she collected inventory at her home and struggled to find a location for her business.

Tulane to honor Buquet and Gleason as Entrepreneurs of the Year

Freeman News

Business executive J.J. Buquet, left, and ALS activist Steve Gleason, right, will be honored as Tulane University’s 2017 Entrepreneurs of the Year at the Albert Lepage Center for Entrepreneurship and Innovation Awards Gala on April 20 at the Audubon Tea Room. . (Buquet photo courtesy of the Buquet family; Gleason photo by Jackson Hill)

 

SBDC Success Story - Martial Art Studio

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Nathan Parfait, owner of Martial Art Studio, came to the SBDC to seek assistance with his loan package. Nathan worked with the SBDC to do the financial projections and loan packaging that resulted in capital formation of $145,135 ($130,135 Loan and $15,000 Owner Investment). Since Martial Arts Studio has received funding, they have expanded their program to an After School and Summer Camp program, and increased their sales by $96,000. The business has also added a program for when kids are out of school (School Year camps). Overall Martial Arts Studio has impacted the local economy by adding 1 Full Time and 6 Part Time employees. During the summer Martial Arts Studio employed 20 Part Time employees for the summer camp.

This year they are opening their 2nd location in Thibodaux. The company is looking to hire another Full Time and 4 Part Time Employees. Parfait says, "When this location gets moving and we have a solid growth like the Houma location, we will open a third location in either Raceland or Morgan City."

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Martial Art Studio
130 Alliance Court, Houma
www.martialartstudio.net
985-772-1861

February’s monthly job growth shows significant gains throughout Louisiana

BATON ROUGE – Job creation in Louisiana is showing considerable gains in key areas for the first time in more than a year, according to the most recent released data by the Bureau of Labor and Statistics (BLS) for February 2017.   See complete article below. 

LA oil and gas struggles to bounce back with 1,800 jobs lost in January

TERREBONNE PARISH, LA (WVUE) - The latest job numbers for Louisiana's oil and gas show the industry is not bouncing back as quickly as expected. 

The industry lost 1,800 jobs in January, according to the Louisiana Workforce Commission.  

To see more of this article and video, please click below.  Thank you!

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