MGE Energy
Electricity Rates, Plans & Statistics
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About MGE Energy
MGE Energy is an investor owned organization. The largest city served by MGE Energy is Madison, but the company also operates in 10 cities in Wisconsin. A total of 166,480 customers (21 industrial customers, 21,282 commercial customers and 145,177 residential properties) purchase their electricity from the provider. MGE Energy averages 20.16 cents per kilowatt hour billed to their customers for residential electricity, which is 16.61% above the average state rate of 17.29 cents. In 2022 they sold 435,507 megawatt hours to other suppliers in the wholesale market. The electricity they sourced consisted of megawatt hours generated by the company and supplementary megawatt hours purchased via wholesale channels. They purchased 1,317,140 wholesale megawatt hours. In 2022 they had total electricity related revenue of $480,036,000, with 92.28% from retail sales and 7.28% from sales to the wholesale market.
The US average monthly residential electricity bill is $135.34, while the MGE Energy average is 26.90% less at $98.93 per month. This is the 818th lowest average monthly bill amount for a provider in the nation. The company's generating plants have output of 505,068.25 megawatt hours from natural gas as the fuel source. The company is the 123rd highest producer of megawatt hours from burning coal in the nation out of 3526 electric suppliers. Electricity generation facilities owned or managed by the company use non-renewable fuels to generate 78.37% of their total electricity generation, or 1,951,577.22 megawatt hours. They rank 190th out of 3526 companies in the country.
Net metering services are offered to consumers of MGE Energy. Net metering makes solar panel purchases more economically feasible as it gives the ability for people to sell electricity into the grid.
Loss of electricity from heat dissipation during electricity transmission and other causes is part of being in the electricity generation business. Electricity providers must report these losses. MGE Energy reported a yearly loss of approximately 2.90% of the electricity that they generate. The state of Wisconsin has an energy loss average of 2.46% and the nationwide average is 2.87%, giving MGE Energy a rank of 32nd best out of 116 providers who report energy loss in Wisconsin.
MGE Energy Rate & Electric Bills
MGE Energy residential electric rates are highest in April and the highest average bill is in August.
Historical Electricity Rates:
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MGE Energy Overview
- Company Type:Investor Owned
- Subsidiary Company:Madison Gas & Electric
- Headquarters:133 South Blair Street
Madison, Wisconsin 53703
United States of America - CEO:Jeffrey M. Keebler
MGE Energy Contact
- Website:www.mgeenergy.com
- Customer Service Phone:(608) 252-4744
- Contact Page:www.mgeenergy.com
MGE Energy Service
- States Served:
- Wisconsin
- Counties Served:
- Dane County
- Major Cities Served:See all cities
Quick Facts About MGE Energy
MGE Energy is ranked 73rd out of 3526 companies in the nation for the total percentage of electricity output coming from renewable fuels.
Generating 2,490,087.86 megawatt hours annually, MGE Energy is the 202nd largest total generator of all companies in the US.
MGE Energy generates 204,372.64 megawatt hours of electricity (or 8.21% of their total production) from solar power.
MGE Energy generates 21.63% of their electricity from renewable fuel sources, which ranks them 309th in the US out of the 3526 suppliers we track.
Energy Loss
MGE Energy's energy loss due to business operations.
Total Energy Loss
108,478MWh
351 National Rank
MGE Energy Energy Makeup
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MGE Energy Coverage Map
MGE Energy State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Wisconsin | 166,480 | 485,320,000 | 7 | 100% |
MGE Energy County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Dane County | 568,203 | 11 | 16.92 | $107.39/mo |
Power Plants Owned by MGE Energy
| Plant | City/County | State | Primary Fuel Type | Production (MWh) | Emission (kg) | Emissions/MWh | Toxic Chemical Release | Closing Date |
|---|---|---|---|---|---|---|---|---|
| Oak Creek | WI | Coal | 6,642,373 | 5,938,667,774.73 | 894.06 | |||
| Columbia County | WI | Coal | 4,721,170.01 | 4,931,917,923.29 | 1,044.64 | |||
Saratoga Wind FarmMadison Gas & Electric (100.00%) | Lime Springs | IA | Wind | 265,672 | ||||
| Manitowoc County | WI | Solar | 195,028 | |||||
| Iowa County | WI | Solar | 189,591 | |||||
Diesel GeneratorsMadison Gas & Electric (100.00%) | Madison | WI | Distillate Fuel Oil | 553 | 453,684.29 | 820.41 |
MGE Energy Fuel Makeup
Cities MGE Energy Has Coverage
- Cottage Grove, WI
- Cross Plains, WI
- Fitchburg, WI
- Madison, WI
- Maple Bluff, WI
- McFarland, WI
- Middleton, WI
- Monona, WI
- Shorewood Hills, WI
- Waunakee, WI
* City coverage generated based on government data. Always verify you can get service from the provider.
MGE Energy Reviews
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MGE Energy FAQ:
What percentage of MGE Energy's electricity is produced using nonrenewable fuel types?
Power generation facilities owned by or associated with MGE Energy generate 78.37% of their electricity from nonrenewable fuel types.
Does MGE Energy have any subsidiary companies?
MGE Energy is a parent company of Madison Gas & Electric.
What is the average bundled bill for MGE Energy customers each month?
MGE Energy currently has an average monthly bundled electric bill of $98.93, compared to the Wisconsin average of $112.08 and the United States average of $112.08 for bundled service.
What cities does MGE Energy provider electricity to?
MGE Energy serves electricity in 10 cities in the United States.
What is the phone number for MGE Energy?
MGE Energy's customer service phone number is (608) 252-4744
Who is the CEO of MGE Energy?
MGE Energy's CEO is Jeffrey M. Keebler.
What is the average bundled electricity rate for MGE Energy customers?
MGE Energy's current average bundled electricity rate is 20.16 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 17.29 cents and the average US rate of 15.76 cents.
What percentage of MGE Energy's electricity is produced from renewable fuel types?
MGE Energy produces 21.63% of their electricity using renewable fuels.
How many power plants are owned by or associated with MGE Energy?
MGE Energy owns or is associated with 6 power plants.
