MGE Energy Inc
MGEE
Company Profile
Business description
MGE Energy provides electric service to 161,000 customers and natural gas service to 173,000 customers in Madison, Wisconsin, and surrounding areas. Nearly 90% of customers are residential. The company also owns a 3.6% stake in American Transmission Co. MGE owns interests in two coal power plants that earn guaranteed fixed rates of return, contributing about 20% of earnings. MGE's generation mix is 40% coal, 21% renewable energy, 17% natural gas, and third-party purchased power.
Contact
133 South Blair Street
MadisonWI53788
USAT: +1 608 252-7000
Sector
Utilities
Stock type
Defensive
Industry
Utilities - Regulated Electric
Fiscal Year End
31 December 2025
Employees
719
Morningstar Investment Ideas
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