Headquarters | Madison, Wisconsin, U.S. |
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Products | electricity, natural gas, green energy options |
Website | http://www.mge.com |
Madison Gas and Electric Company (MGE) is the primary subsidiary of MGE Energy, Inc. (Nasdaq: MGEE). As a regulated utility, it primarily serves the Madison, Wisconsin, metro area with electricity, gas and green energy options.
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The company owns, operates and manages electric generating facilities and electric distribution facilities. The utility serves the city of Madison and some suburban communities in Dane County, Wisconsin.
Owned generating facilities: Blount Station, West Campus Cogeneration Facility, combustion turbines and solar units at Madison, Columbia Energy Center at Portage, natural gas combustion turbine at Marinette, MGE wind farm in Kewaunee County, Top of Iowa Wind Farm in north-central Iowa and Elm Road Generating Station at Oak Creek. In addition, the company has long-term electric purchase power agreements.
The company purchases natural gas and owns distribution facilities to serve its customers. The utility serves the city of Madison, some suburban communities in Dane County and seven other Wisconsin counties.
MGE has a green energy program called Green Power Tomorrow. Customers have the option of purchasing renewable energy for their home and/or business. In addition, the company offers a solar energy buy-back program called Clean Power Partners.
The company's roots in the Madison area date back more than 150 years when the Madison Gas Light and Coke Co. was founded. From that start, the Madison Electric Co. began delivering electric service in 1888. At the time, Madison had a population of 13,000.
In 1892, the Four Lakes Light and Power Co. succeeded Madison Electric Co. and operated as Madison's electricity provider for the next four years.
In 1896, this local utility incorporated to become Madison Gas and Electric Co.
In 2001, the company formed a holding company named MGE Energy, Inc. and Madison Gas and Electric Co. became its main subsidiary.