MGE Energy Inc. MGEE

What this company does

MGE Energy generates, purchases, and distributes electricity, and purchases and distributes natural gas, through its subsidiary MGE. As of December 31, 2025, MGE Energy and its subsidiaries had 726 employees, of whom 318 were covered by collective bargaining agreements. MGE Energy is organized into business segments consisting of regulated electric utility operations, regulated gas utility operations, nonregulated energy operations, transmission investments, and all other. MGE distributes electricity in a service area covering 264 square miles of Dane County, Wisconsin, including the city of Madison, and as of December 31, 2025 supplied electric service to approximately 170,000 customers, of whom approximately 91% were located in the cities of Fitchburg, Madison, Middleton, and Monona, Wisconsin, and 9% in adjacent areas. MGE transports and distributes natural gas in a service area covering 1,722 square miles in seven south-central Wisconsin counties, and as of December 31, 2025 supplied natural gas service to approximately 180,000 customers in nine cities, 25 villages, and all or parts of 49 townships. MGE Energy was organized as a Wisconsin corporation in 2001, and its principal subsidiary, MGE, was organized as a Wisconsin corporation in 1896.

Written from the business description in MGE ENERGY INC's annual report to the U.S. Securities and Exchange Commission, filed 24 February 2026. Every sentence was checked against that document before publication.