Madison Gas and Electric

MGE Seeks to Expand Popular Community Solar Program for Residential and Small Business Electric Customers

Retrieved on: 
Wednesday, April 3, 2024
Alternative Energy, Energy, Utilities, Environment, Electricity, Solar energy, Gas, Small business, Madison Gas and Electric, Carbon, MGE, Public Service Commission, Renewable energy

Madison Gas and Electric (MGE) is asking the Public Service Commission of Wisconsin to approve a new community solar program largely based on Shared Solar, MGE's original and fully subscribed community solar program.

Key Points: 
  • Madison Gas and Electric (MGE) is asking the Public Service Commission of Wisconsin to approve a new community solar program largely based on Shared Solar, MGE's original and fully subscribed community solar program.
  • Under Shared Solar II, customers who may not own their residence or who do not want to install rooftop solar could receive additional solar energy from MGE.
  • "Shared Solar II builds on the success of our popular community solar program and provides our customers with another option for affordable, locally generated, carbon-free energy while also reducing costs for nonparticipating customers.
  • Strix Solar, a six-megawatt (MW) solar array being built in Fitchburg, would serve the Shared Solar II program.

Wisconsin's Largest Solar Project Is Now Fully Operational

Retrieved on: 
Thursday, January 4, 2024
Other Energy, Professional Services, Utilities, Other Natural Resources, Batteries, Alternative Energy, Energy, Technology, Natural Resources, Environment, Green Technology, Environmental, Social and Governance (ESG), Solar energy, Snow, Carbon, Partnership, Badger Hollow Solar Farm, MGE, Electricity, WEC Energy Group, Madison Gas and Electric, Gas, Renewable energy

The final panels at the Badger Hollow Solar Farm are now in service, completing the largest solar project in Wisconsin history.

Key Points: 
  • The final panels at the Badger Hollow Solar Farm are now in service, completing the largest solar project in Wisconsin history.
  • Badger Hollow Solar Farm is a 300-megawatt (MW) renewable energy facility located near the communities of Montfort and Cobb in Iowa County, Wisconsin.
  • The project features 830,000 solar panels that move and track the sun throughout the day, maximizing power generation.
  • The panels also capture solar energy on both sides—an especially useful feature in winter when sun reflects off the snow and onto the panels.

MGE Releases Annual Corporate Responsibility and Sustainability Report

Retrieved on: 
Tuesday, December 5, 2023
Other Energy, Professional Services, Utilities, Other Natural Resources, Batteries, Alternative Energy, Energy, Technology, Natural Resources, Environment, Green Technology, Environmental, Social and Governance (ESG), Disclosure, Carbon, Coal, Sustainability reporting, Safety, Climate change, Risk management, TCFD, EEI, Public expenditure, Corporate responsibility, Gas, Madison Gas and Electric, Partnership, Electricity, CDP, MGE, ESG, Renewable energy

Madison Gas and Electric (MGE) has published its annual Corporate Responsibility and Sustainability Report , detailing its environmental, social and governance (ESG) commitments and progress toward the company's sustainability goals.

Key Points: 
  • Madison Gas and Electric (MGE) has published its annual Corporate Responsibility and Sustainability Report , detailing its environmental, social and governance (ESG) commitments and progress toward the company's sustainability goals.
  • The 2023 report and our ESG Data Center feature information about MGE's corporate strategy and climate-related matters, safety and operations, customer and employee engagement, risk management, and governance and oversight.
  • The qualitative template includes information related to the company's strategies for transitioning toward deep decarbonization and greater sustainability.
  • MGE also publishes a TCFD report , which provides the company's key disclosures that align to TCFD recommendations.

Red Barn Wind Farm Delivering Locally Generated Clean Energy

Retrieved on: 
Wednesday, April 5, 2023
Environment, Technology, Other Energy, Utilities, Alternative Energy, Green Technology, Other Natural Resources, Energy, Batteries, Natural Resources, Intergovernmental Panel on Climate Change, Madison Gas and Electric, Red Barn, WEC Energy Group, Electricity, Climate change, Wisconsin Public Service Corporation, Carbon, WPS, Wind, Gas, Investment, MGE, Paris, Transport, Renewable energy

Madison Gas and Electric's (MGE) newest wind farm is fully operational and delivering cost-effective, carbon-free energy to the electric grid.

Key Points: 
  • Madison Gas and Electric's (MGE) newest wind farm is fully operational and delivering cost-effective, carbon-free energy to the electric grid.
  • MGE partnered with Wisconsin Public Service (WPS), a subsidiary of WEC Energy Group, on the 92-megawatt (MW) Red Barn Wind Farm.
  • "This is an exciting time for MGE as the Red Barn Wind Farm begins to generate cost-effective, carbon-free electricity to benefit all our electric customers," said Jeff Keebler, MGE Chairman, President and CEO.
  • "Red Barn is another important step in our ongoing transition to a more sustainable energy future.

MGE to Add More Solar and Battery Storage with Purchase of Koshkonong Solar Energy Center

Retrieved on: 
Thursday, March 16, 2023
Oil, Gas, Environmental, Social and Governance (ESG), Alternative Energy, Energy, Green Technology, Climate Change, Technology, Professional Services, Batteries, Other Natural Resources, Environment, Natural Resources, Other Technology, Other Energy, Utilities, Carbon, WEC Energy Group, MGE, Public Service Commission of Wisconsin, Intergovernmental Panel on Climate Change, Wind, Climate change, Transport, Partnership, Electricity, Wisconsin Public Service Corporation, Investment, Solar energy, WPS, Public Service Commission, Paris, Madison Gas and Electric, Renewable energy

Madison Gas and Electric (MGE), in partnership with We Energies and Wisconsin Public Service (WPS), subsidiaries of WEC Energy Group, received approval from the Public Service Commission of Wisconsin to purchase solar energy and battery storage from the Koshkonong Solar Energy Center.

Key Points: 
  • Madison Gas and Electric (MGE), in partnership with We Energies and Wisconsin Public Service (WPS), subsidiaries of WEC Energy Group, received approval from the Public Service Commission of Wisconsin to purchase solar energy and battery storage from the Koshkonong Solar Energy Center.
  • MGE will own 30 megawatts (MW) of solar energy and 16.5 MW of battery storage from the facility located in the towns of Christiana and Deerfield in Dane County.
  • "The Koshkonong Solar Energy Center continues the progress we've already made reducing carbon emissions, increasing cost-effective renewable energy and advancing new technologies to benefit all our customers," said Jeff Keebler, MGE Chairman, President and CEO.
  • The Koshkonong Solar Energy Center is one of three announced investments by MGE in large-scale solar energy and battery storage.

MGE Energy Issues December 2022 'Interim Report'

Retrieved on: 
Thursday, December 15, 2022
Other Energy, Environment, Utilities, Oil, Gas, Sustainability, Energy, Madison Gas and Electric, Natural gas, MGE Energy, Sustainability reporting, Corporate responsibility, Renewable energy, Electricity

MGE Energy, Inc. (Nasdaq: MGEE) highlights the release of its annual Corporate Responsibility and Sustainability Report in its latest investor newsletter, "Interim Report," which includes the following topics:

Key Points: 
  • MGE Energy, Inc. (Nasdaq: MGEE) highlights the release of its annual Corporate Responsibility and Sustainability Report in its latest investor newsletter, "Interim Report," which includes the following topics:
    The newsletter is available on MGE Energy's website at: https://www.mgeenergy.com/interimreport
    Interim Report is published quarterly to provide investors with information about MGE Energy and its primary subsidiary, Madison Gas and Electric.
  • MGE Energy is an investor-owned public utility holding company headquartered in the state capital of Madison, Wis.
  • It is the parent company of Madison Gas and Electric, which generates and distributes electricity in Dane County, Wis., and purchases and distributes natural gas in seven south-central and western Wisconsin counties.
  • MGE Energy's assets total approximately $2.4 billion, and its 2021 revenues were approximately $607 million.

MGE's Use of Solar and Battery Storage to Grow with Purchase of Darien Solar Energy Center

Retrieved on: 
Thursday, December 8, 2022
Commercial Building & Real Estate, Alternative Energy, Construction & Property, Energy, Green Technology, Climate Change, Technology, Batteries, Other Natural Resources, Environment, Natural Resources, Urban Planning, Other Technology, Utilities, Other Construction & Property, Electricity, Public Service Commission, Madison Gas and Electric, Public Service Commission of Wisconsin, WEC Energy Group, Town, Transport, Gas, Partnership, Energy, MGE, MGE Energy, Natural gas, Wind, Wisconsin Public Service Corporation, Investment, WPS, Solar energy, Intergovernmental Panel on Climate Change, Climate change, Carbon, Renewable energy

Madison Gas and Electric (MGE), in partnership with We Energies and Wisconsin Public Service (WPS), subsidiaries of WEC Energy Group, received approval from the Public Service Commission of Wisconsin to purchase solar energy and battery storage from the Darien Solar Energy Center.

Key Points: 
  • Madison Gas and Electric (MGE), in partnership with We Energies and Wisconsin Public Service (WPS), subsidiaries of WEC Energy Group, received approval from the Public Service Commission of Wisconsin to purchase solar energy and battery storage from the Darien Solar Energy Center.
  • MGE will own 25 megawatts (MW) of solar energy and 7.5 MW of battery storage from the 250-MW solar and 75-MW battery storage facility in Rock and Walworth Counties in southern Wisconsin.
  • "MGE's investments in cost-effective, clean energy and battery storage technology help ensure that all our customers will experience the economic and environmental benefits of our clean energy transition."
  • Located on 2,000 acres in the Town of Bradford in Rock County and the Town of Darien in Walworth County, the Darien Solar Energy Center will feature up to 850,000 solar panels.

MGE Releases Annual Corporate Responsibility and Sustainability Report

Retrieved on: 
Wednesday, November 9, 2022
Environment, Other Energy, Utilities, Oil, Gas, Coal, Sustainability, Philanthropy, Alternative Energy, Energy, Other Philanthropy, Director, MGE Energy, March Elm Road railway station, Carbon, ESG, MGE, Natural gas, Risk management, Corporate responsibility, Disclosure, Madison Gas and Electric, Safety, Sustainability reporting, Board, Natural Resources, Occupational Safety and Health Act 1994, Goal, EEI, Public expenditure, Climate change, Occupational safety and health, Policy, Gas, Electricity, CDP, Human rights, Coal, Renewable energy, Audit

Madison Gas and Electric (MGE) has published its annual Corporate Responsibility and Sustainability Report , detailing its environmental, social and governance (ESG) commitments and progress toward the company's sustainability goals.

Key Points: 
  • Madison Gas and Electric (MGE) has published its annual Corporate Responsibility and Sustainability Report , detailing its environmental, social and governance (ESG) commitments and progress toward the company's sustainability goals.
  • The 2022 report and our ESG Data Center feature information about MGE's corporate strategy and climate-related matters, safety and operations, customer and employee engagement, risk management, and governance and oversight.
  • To advance transparency and disclosure in company operations and governance, MGE submits data to the global environmental impact disclosure platform CDP.
  • MGE also continues to participate in EEI's ESG and sustainability reporting templates .

MGE Energy Issues Third-Quarter Financial Update

Retrieved on: 
Friday, November 4, 2022
Energy, Other Energy, Utilities, Oil, Gas, Electricity, Natural gas, MGE Energy, Madison Gas and Electric, MGE, Nasdaq, Renewable energy

MGE Energy, Inc. (Nasdaq: MGEE) today issued its third-quarter 2022 financial update presentation.

Key Points: 
  • MGE Energy, Inc. (Nasdaq: MGEE) today issued its third-quarter 2022 financial update presentation.
  • The update is available on MGE Energy's website at:
    MGE Energy is a public utility holding company.
  • Its principal subsidiary, Madison Gas and Electric, generates and distributes electricity to 159,000 customers in Dane County, Wis., and purchases and distributes natural gas to 169,000 customers in seven south-central and western Wisconsin counties.
  • MGE's roots in the Madison area date back more than 150 years.

MGE Energy Declares Regular Dividend

Retrieved on: 
Friday, October 21, 2022
Energy, Utilities, Oil, Gas, MGE Energy, Madison Gas and Electric, MGE, Electricity, Natural gas, Nasdaq, Holding company

The board of directors of MGE Energy, Inc. (Nasdaq: MGEE), today declared the regular quarterly dividend of $0.4075 per share on the outstanding shares of the company's common stock, payable December 15, 2022, to shareholders of record at the close of business December 1, 2022.

Key Points: 
  • The board of directors of MGE Energy, Inc. (Nasdaq: MGEE), today declared the regular quarterly dividend of $0.4075 per share on the outstanding shares of the company's common stock, payable December 15, 2022, to shareholders of record at the close of business December 1, 2022.
  • MGE Energy has increased its dividend annually for the past 47 years and has paid cash dividends for more than 110 years.
  • MGE Energy is a public utility holding company.
  • Its principal subsidiary, Madison Gas and Electric (MGE), generates and distributes electricity to 159,000 customers in Dane County, Wis., and purchases and distributes natural gas to 169,000 customers in seven south-central and western Wisconsin counties.