Provides electric and gas utility services to customers in Wisconsin, with a strong emphasis on clean energy and sustainability.
MGE Energy, Inc., operating primarily in Wisconsin, functions as a public utility holding company through its subsidiaries. The company is structured into several key segments: Regulated Electric Utility Operations, Regulated Gas Utility Operations, Nonregulated Energy Operations, Transmission Investments, and All Other. In its core operations, MGE Energy generates, purchases, and distributes electricity, owning or leasing electric generation facilities located in Wisconsin and Iowa. It also manages the planning, construction, operation, maintenance, and expansion of transmission facilities to ensure reliable transmission services.
The company's energy generation portfolio encompasses coal-fired, gas-fired, and renewable energy sources, reflecting its commitment to diverse energy sourcing strategies. MGE Energy further supplements its energy supply through both short and long-term power purchase agreements, enhancing its capacity to meet customer demand effectively.
As of December 31, 2021, MGE Energy provided electricity services to approximately 159,000 customers in Dane County, Wisconsin, and distributed natural gas to approximately 169,000 customers across seven counties in Wisconsin. This widespread service area underscores the company's significant role in meeting the energy needs of communities within the state.
Headquartered in Madison, Wisconsin, MGE Energy, Inc. maintains a steadfast focus on delivering reliable and sustainable energy solutions to its customer base. With a strong emphasis on operational excellence and environmental stewardship, the company continues to innovate in the energy sector, ensuring dependable service while advancing towards a more sustainable energy future.