MGEE
- MGE Energy, Inc.
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Overview
Company Summary
MGE Energy, Inc. (MGEE) is a public utility holding company based in Madison, Wisconsin. The company primarily operates through its subsidiary, Madison Gas and Electric (MGE), which is an investor-owned utility providing electricity and natural gas distribution services.
MGE Energy's main focus is on generating, distributing, and selling electricity to residential, commercial, and industrial customers in its service area. It owns and operates various power generation facilities, including coal, natural gas, and wind-powered plants. The company also procures electricity from external sources to meet the demand of its customers.
In addition to electricity, MGE Energy's subsidiary, MGE, supplies natural gas to customers for heating, cooking, and other purposes. The company maintains an extensive distribution network of pipelines and equipment to deliver natural gas safely and reliably to residential, commercial, and industrial consumers.
Moreover, MGE Energy understands the growing importance of sustainable energy solutions. It has made significant investments in renewable energy sources, such as wind and solar power, to reduce its environmental impact and provide cleaner energy options to its customers.
Overall, MGE Energy, through its subsidiary MGE, plays a crucial role in providing essential utility services to the community, ensuring reliable and sustainable energy supply to its customers' homes and businesses.