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.
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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. 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).
21 more named people on record for MGE Energy Inc., with roles, board committees and tenure — see the full roster →
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.
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.
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.
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.
Similar energy company
Wisconsin Electric Power Co. serves as a utility provider, delivering electricity, natural gas, and steam heating services. This company, which commenced operations in 1896, maintains its principal corporate office in Milwaukee, Wisconsin.
Similar energy company
Operating as Ameren Missouri, Union Electric Company provides regulated utility services across Missouri. Its primary activities encompass the generation, transmission, and distribution of electricity, utilizing a varied mix of energy sources including coal, nuclear power, natural gas, hydroelectricity, methane gas, and solar. Furthermore, the company is involved in the regulated supply of natural gas to customers. It supplies electrical power to 1.2 million households and businesses, and natural gas to 100,000 customers, all within a 24,000 square-mile region spanning central and eastern Missouri. Founded in 1881 and headquartered in St. Louis, Missouri, Union Electric Company operates as a subsidiary of Ameren Corporation.
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.
Similar energy company
Portland General Electric (PGE) functions as a fully integrated electric utility, overseeing the generation, wholesale procurement, transmission, distribution, and direct retail sale of electricity throughout Oregon. Its power generation assets include seven hydroelectric facilities, three wind farms, and six thermal plants. As of December 31, 2021, PGE's electric transmission system covered 1,274 circuit miles, which notably comprised 287 miles of 500 kilovolt lines, 415 miles of 230 kilovolt lines, and 572 miles of 115 kilovolt lines. The company also manages an extensive 28,206-circuit-mile network of distribution lines. In addition to its electricity operations, PGE engages in the wholesale buying and selling of natural gas across the United States and Canada. It provides service to roughly 917,000 residential, commercial, and industrial customers situated in 51 different cities. The company was founded in 1889 and maintains its primary office in Portland, Oregon.
Similar energy company
Evergy, Inc., along with its subsidiaries, operates as an integrated electric utility, focusing on the production, conveyance, distribution, and direct sale of power throughout Kansas and Missouri in the United States. The company's electricity generation relies on a diverse energy mix, utilizing sources such as coal, hydroelectric, landfill gas, uranium, natural gas, and oil, alongside a growing portfolio of renewables like solar and wind energy. Supporting its operations, Evergy maintains a robust infrastructure, which includes roughly 10,100 circuit miles of high-voltage transmission lines, about 39,800 circuit miles of overhead distribution lines, and an additional 13,000 circuit miles of underground distribution networks. It provides service to a substantial customer base of approximately 1,620,400, encompassing residential consumers, commercial enterprises, industrial facilities, municipal entities, and fellow electric utilities. Evergy, Inc. was founded in 2017 and has its main corporate headquarters situated in Kansas City, Missouri.
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.
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.
Similar energy company
Southwest Gas Holdings, Inc., operating through its various subsidiaries, is primarily engaged in the delivery and transportation of natural gas to customers across Arizona, Nevada, and California. The company's operations are segmented into Natural Gas Distribution, Utility Infrastructure Services, and Pipeline and Storage. Beyond its core gas services, it also offers specialized utility infrastructure support, including trenching, the installation and replacement of subterranean pipelines, and ongoing maintenance for energy distribution networks. As of December 31, 2021, its extensive customer base totaled 2,159,000, serving residential, commercial, industrial, and other natural gas consumers. Founded in 1931, the company maintains its corporate headquarters in Las Vegas, Nevada.
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.
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