MGE Energy Reports Fourth-Quarter and Full-Year 2023 Earnings
MGE Energy, Inc. (Nasdaq: MGEE), today reported financial results for the fourth quarter and full year of 2023.
- MGE Energy, Inc. (Nasdaq: MGEE), today reported financial results for the fourth quarter and full year of 2023.
- An increase in electric investments included in rate base contributed to increased electric earnings for 2023.
- The Red Barn wind project was completed in April 2023 and Badger Hollow II solar project was completed in December 2023.
- During 2023, gas retail therm deliveries decreased approximately 13% compared to the prior year, primarily due to warmer-than-normal weather in 2023.