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MGE Energy Inc. competitors & alternatives

MGEEEnergyMadison, United States

The 12 closest competitors and alternatives to MGE Energy Inc. among energy companies — ranked by similarity to what MGE Energy Inc. actually does, not by market-cap band.

$2.7BMarket cap
717Employees
12Competitors listed

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About MGE Energy Inc.

MGE Energy, Inc. operates as a public utility holding company, primarily conducting its business in Wisconsin through various subsidiary entities. The company's operations are divided into several key segments: Regulated Electric Utility, Regulated Gas Utility, Nonregulated Energy, Transmission Investments, and an "All Other" category. Its core activities involve the generation, acquisition, and delivery of electricity, utilizing owned or leased power generation facilities situated in both Wisconsin and Iowa. Furthermore, MGE Energy undertakes the planning, construction, operation, maintenance, and expansion of transmission infrastructure to provide essential transmission services. The company's electricity generation portfolio includes coal-fired, gas-fired, and renewable energy sources, supplemented by power purchased under both short-term and long-term agreements. As of December 31, 2021, MGE Energy was supplying electricity to 159,000 customers in Dane County, Wisconsin, and distributing natural gas to 169,000 customers across seven Wisconsin counties. The company maintains its corporate headquarters in Madison, Wisconsin.

MGE Energy Inc. at a glance

MGE Energy Inc. is an energy company headquartered in Madison, United States. It is publicly listed (MGEE) with a market capitalisation of $2.7B. Xcout tracks 27 named people at MGE Energy Inc., including Jeffrey Keebler (President, Chief Executive Officer & Chairman of the Board).

MGE Energy Inc. leadership

  • Jeffrey KeeblerPresident, Chief Executive Officer & Chairman of the Board
  • Jeffrey M KeeblerChairman, President and Chief Executive Officer
  • Jared Joseph BushekExecutive VP, CFO & Treasurer
  • Jared J. BushekExecutive Vice President Chief Financial Officer and Treasurer
  • Bryan R. SullivanAssistant Vice President - Chief Information Officer
  • Cari Anne RenlundVice President, General Counsel & Secretary

21 more named people on record for MGE Energy Inc., with roles, board committees and tenure — see the full roster →

Top 12 MGE Energy Inc. competitors

Ranked by semantic similarity — how close each company is to MGE Energy Inc. by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.

Alliant Energy Corporation0HCT · EnergyMadison, United States
78% matchPublic

Similar energy company

Alliant Energy Corporation operates as a utility holding entity, delivering regulated electricity and natural gas provisions. The company's activities are structured across three primary segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. Through its subsidiary, Interstate Power and Light Company (IPL), it is responsible for generating and distributing electricity, and distributing and transporting natural gas to individual consumers across Iowa. IPL also supplies electricity to wholesale buyers in Minnesota, Illinois, and Iowa, in addition to producing and supplying steam within Cedar Rapids, Iowa. By the close of 2021, IPL served around 500,000 retail electricity clients and roughly 225,000 retail natural gas customers. Similarly, its other subsidiary, Wisconsin Power and Light Company (WPL), handles the generation and distribution of electricity, as well as the distribution and transport of natural gas for retail consumers throughout Wisconsin, alongside selling electricity to wholesale accounts within the state. At the same date (December 31, 2021), WPL provided electric service to approximately 485,000 retail clients and natural gas to about 200,000. Its diverse retail clientele spans sectors such as farming, agriculture, industrial manufacturing, chemicals, packaging, and food production. Furthermore, the corporation holds and manages a short-line rail freight operation in Iowa, a multi-modal freight terminal (barge, rail, and truck) situated on the Mississippi River, and a rail-accessible warehouse, also in Iowa. It also provides freight brokerage solutions. The company also possesses stakes in a 347-megawatt (MW) natural gas-powered electricity generation facility near Sheboygan Falls, Wisconsin, and a 225 MW wind energy farm in Oklahoma. Established in 1981, its corporate headquarters are situated in Madison, Wisconsin.

Market cap$18.1B
Employees2,948
Alliant Energy Corporation competitors & alternatives →
WEC Energy Group, Inc.0LSL · EnergyMilwaukee, United States
76% matchPublic

Similar energy company

WEC Energy Group, Inc. is a major American energy provider that delivers both regulated natural gas and electricity services, along with regulated and non-regulated renewable energy solutions across the United States. The company's operations are structured into six key segments: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure, and Corporate and Other. WEC Energy is involved in a comprehensive range of energy activities, encompassing the generation and distribution of electricity using a diverse mix of sources. These include traditional fuels like coal, natural gas, and oil, as well as sustainable options such as hydroelectric, wind, solar, and biomass. Additionally, the company manages electric transmission, provides retail natural gas distribution, handles natural gas transportation, and produces and sells steam. As of December 31, 2021, WEC Energy maintained an extensive infrastructure network. This included approximately 35,800 miles of overhead and 35,600 miles of underground electrical distribution lines, supported by 440 electric distribution substations and 510,500 line transformers. Its natural gas network comprised 50,900 miles of distribution mains, 1,200 miles of transmission mains, 2.3 million lateral service connections, and 500 distribution and transmission gate stations. Furthermore, the company controlled underground natural gas storage facilities with a substantial working capacity of 68.2 billion cubic feet. WEC Energy Group, Inc. was founded in 1981. It was previously known as Wisconsin Energy Corporation before officially changing its name in June 2015. The company's primary corporate offices are located in Milwaukee, Wisconsin.

Market cap$36.7B
Employees7,000
WEC Energy Group, Inc. competitors & alternatives →
OGE Energy CorpOGE · EnergyOklahoma City, United States
69% matchPublic

Similar energy company

OGE Energy Corp., along with its various subsidiaries, operates as a comprehensive energy and utility provider. The company facilitates the physical delivery and associated services for electricity, natural gas, crude oil, and natural gas liquids across the United States. Its core operations encompass the generation, transmission, distribution, and sale of electrical power. OGE Energy serves approximately 879,000 retail electric customers within an expansive service area spanning about 30,000 square miles in Oklahoma and western Arkansas. The company also owns and manages a diverse portfolio of power generation facilities, utilizing coal, natural gas, wind, and solar sources. As of December 31, 2021, OGE Energy Corp. maintained substantial interconnected electrical infrastructure. This included 16 power generation stations with a combined output capability of 7,207 megawatts. Its transmission networks featured 54 substations and 5,122 structural miles of lines in Oklahoma, complemented by 7 substations and 277 structural miles of lines in Arkansas. The distribution systems were equally extensive: in Oklahoma, they comprised 350 substations, 29,494 structural miles of overhead lines, 3,365 miles of underground conduit, and 11,125 miles of underground conductors. In Arkansas, this infrastructure included 29 substations, 2,795 structural miles of overhead lines, 349 miles of underground conduit, and 662 miles of underground conductors. Established in 1902, OGE Energy Corp. is headquartered in Oklahoma City, Oklahoma.

Market cap$9.8B
Employees2,291
OGE Energy Corp competitors & alternatives →
Public Service Enterprise Group Incorporated0KS2 · EnergyNewark, United States
67% matchPublic

Similar energy company

Public Service Enterprise Group Incorporated (PSEG) functions as an energy utility, predominantly operating across the Northeastern and Mid-Atlantic regions of the United States. Its operations are structured into two core divisions: PSE&G and PSEG Power. The PSE&G segment is tasked with electricity transmission, as well as the distribution of both electricity and natural gas to residential, commercial, and industrial clientele. This division also allocates resources to solar power generation projects and offers energy efficiency initiatives and related programs, alongside providing appliance servicing and repair. As of December 31, 2021, its substantial infrastructure encompassed 25,000 circuit miles for electric transmission and distribution, supported by 862,000 poles. The electrical network further included 56 switching stations with a collective capacity of 39,353 megavolt-amperes (MVA), and 235 substations providing 9,285 MVA of capacity. For managing electric distribution, it operated four main and five sub-headquarters. On the gas front, PSEG maintained 18,000 miles of gas mains, utilizing twelve main and two sub-headquarters for distribution, one meter shop, and 58 natural gas metering and regulating stations. PSEG was established in 1985 and maintains its corporate headquarters in Newark, New Jersey.

Market cap$39.4B
Employees13,189
Public Service Enterprise Group Incorporated competitors & alternatives →
Black Hills CorporationBKH · EnergyRapid City, United States
67% matchPublic

Similar energy company

Black Hills Corporation operates as an American utility firm, delivering both electric power and natural gas through its subsidiaries. Its business is organized into two primary divisions: Electric Utilities and Gas Utilities. The Electric Utilities segment is responsible for generating, transmitting, and distributing electricity to approximately 218,000 customers spanning Colorado, Montana, South Dakota, and Wyoming. This division manages 1,481.5 megawatts of power generation capacity and maintains 8,892 miles of electric transmission and distribution lines. Electric power generation is diversified, utilizing wind, natural gas, and coal-fired plants, and the company also operates a coal mine near Gillette, Wyoming. Conversely, the Gas Utilities segment provides natural gas to roughly 1,094,000 utility clients across Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming. This operation includes overseeing 4,732 miles of intrastate gas transmission pipelines, 41,644 miles of gas distribution mains and service lines, six natural gas storage facilities, around 50,000 horsepower of compression, and 515 miles of gathering lines. Beyond these core utility offerings, Black Hills Corporation also constructs and maintains gas infrastructure for various gas transportation customers. It provides appliance repair services for residential utility subscribers and offers electrical system construction to large industrial clients. Founded in 1941, the company's headquarters are situated in Rapid City, South Dakota.

Market cap$5.8B
Employees2,841
Black Hills Corporation competitors & alternatives →
CMS Energy Corporation0HR4 · EnergyJackson, United States
66% matchPublic

Similar energy company

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and NorthStar Clean Energy. The Electric Utility segment is involved in the generation, purchase, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources. Its distribution system comprises 263 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,619 miles of high-voltage distribution overhead lines; 18 miles of high-voltage distribution underground lines; 82,854 miles of electric distribution overhead lines; 10,027 miles of underground distribution lines; and 1,102 substations. The Gas Utility segment engages in the purchase, transmission, storage, distribution, and sale of natural gas, which includes 2,337 miles of transmission lines; 14 gas storage fields; 28,433 miles of distribution mains; and 8 compressor stations. The NorthStar Clean Energy segment is involved in the independent power production and marketing, including the development and operation of renewable generation. The company serves 1.9 million electric and 1.8 million gas customers, including residential, commercial, and diversified industrial customers. The company was incorporated in 1987 and is headquartered in Jackson, Michigan.

Market cap$22.8B
Employees8,350
CMS Energy Corporation competitors & alternatives →
Hawaiian Electric Industries, Inc.HE · EnergyHonolulu, United States
66% matchPublic

Similar energy company

Hawaiian Electric Industries, Inc. (HE) operates as a diversified holding company primarily focused on three key areas within the state of Hawaii: electric utility services, banking, and investments in renewable and sustainable infrastructure. The company's Electric Utility division is responsible for the generation, acquisition, transmission, distribution, and sale of electricity across several Hawaiian islands, including Oahu, Hawaii, Maui, Lanai, and Molokai. This segment utilizes and explores various clean energy sources, such as wind, solar, photovoltaic, geothermal, wave, hydroelectric, municipal waste, and other biofuels. Its customer base includes suburban communities, resort properties, United States armed forces installations, and agricultural operations. Through its Bank segment, the company runs a community financial institution that provides a full spectrum of banking and financial offerings to both consumers and businesses. These services include savings and checking accounts, along with a wide range of loans, encompassing residential and commercial real estate, mortgages, construction and development, multifamily residential and commercial real estate, consumer, and general commercial lending. This banking arm maintains a network of 42 branches throughout the islands: 29 on Oahu, 6 on Maui, 4 on Hawaii, 2 on Kauai, and 1 on Molokai. The "Other" segment is dedicated to strategic investments in non-regulated renewable energy and sustainable infrastructure projects exclusively within the Hawaiian Islands. Founded in 1891, Hawaiian Electric Industries Inc. maintains its corporate headquarters in Honolulu, Hawaii.

Market cap$1.5B
Employees2,587
Hawaiian Electric Industries, Inc. competitors & alternatives →

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