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Wisconsin · Investor-owned utility · EIA data, final 2025

Madison Gas and Electric (MGE) commercial electricity rates in Wisconsin

What Madison Gas and Electric billed its commercial customers, year by year since 2015, with the average bill, the other customer classes, meters, reliability and territory. Official figures, and context for a bill rather than a quote.

  • Average price13.97¢ per kWh
  • Commercial customers19,936
  • DataEIA, 2015 to 2025

Madison Gas and Electric billed its 19,936 commercial customers in Wisconsin an average of 13.97¢ per kWh in 2025, 7.0% above the state’s commercial average of 13.06¢. The average customer used about 9,103 kWh a month and was billed about $1,272. It is an average over every size of customer, not a rate.

Source: U.S. Energy Information Administration, Form EIA-861 (final 2025 data) · 2026-10-29

  • Average commercial price, 202513.97¢per kWh, all commercial customers
  • vs Wisconsin average+7.0%state commercial average 13.06¢
  • Commercial customers19,9365th largest of 40 in Wisconsin
  • Average use9,103 kWha month per commercial customer
  • Average bill$1,272a month per commercial customer
  • Since 2015+21%from 11.52¢ per kWh
  • Outages27 mina year per customer · US average 124

Madison Gas and Electric (MGE) is an investor-owned utility serving 1 county in Wisconsin. Among the 40 Wisconsin utilities in EIA’s 2025 sales data with 500 or more commercial customers, it is the 5th largest, with about 5.4% of the state’s commercial customers. EIA lists it as Madison Gas & Electric Co.

Madison Gas and Electric commercial electricity prices, 2015 to 2025

In 2015 Madison Gas and Electric billed its commercial customers an average of 11.52¢ per kWh. In 2025 the figure was 13.97¢, so it rose 21% over 10 years. The average for all commercial customers in Wisconsin rose 20% over the same period. The latest year, 2025, is the highest of the 11 on record here. Between 2024 and 2025 it rose 1.3%.

Madison Gas and Electric: average commercial price, 2015 to 2025, with the Wisconsin commercial average Madison Gas and Electric: 11.52¢ in 2015 and 13.97¢ in 2025. Wisconsin: 10.89¢ in 2015 and 13.06¢ in 2025. 10¢11¢12¢13¢14¢15¢ 202520232021201920172015 13.97¢ WI 13.06¢
Madison Gas and ElectricWisconsin, all commercial customersCents per kWh, final annual figures (EIA)
Madison Gas and Electric: commercial customers, average commercial price and average use by year (EIA)
YearCommercial customersAverage price per kWhWisconsin average per kWhAverage use a monthAverage bill a month
202519,93613.97¢13.06¢9,103 kWh$1,272
202421,41013.79¢12.63¢8,373 kWh$1,154
202319,76213.80¢12.76¢9,008 kWh$1,243
202222,00512.48¢11.85¢8,156 kWh$1,018
202121,49811.23¢10.95¢8,302 kWh$932
202021,03711.36¢10.75¢8,160 kWh$927
201920,82911.01¢10.72¢8,848 kWh$974
201820,59411.30¢10.67¢9,114 kWh$1,030
201720,47011.33¢10.87¢9,163 kWh$1,038
201620,30211.00¢10.77¢9,298 kWh$1,023
201519,95111.52¢10.89¢9,427 kWh$1,086

Average use and average bill are the utility’s commercial sales and revenue divided by its commercial customers and by twelve. The bill is an all-in figure: energy, delivery, demand and fixed charges together. A few very large customers pull both averages up, so most businesses use and pay less than the average.

Residential, commercial and industrial prices at Madison Gas and Electric

In 2025 the average commercial price at Madison Gas and Electric was 34% below the residential figure and 57% above the industrial one. Larger customers take power at a higher voltage and use it more steadily, so at most utilities the average falls from residential to commercial to industrial. Which class an account falls in is the utility’s decision, and the line between commercial and industrial is drawn differently from one utility to the next.

Madison Gas and Electric: customers, sales and average price by customer class, 2025 (EIA)
Customer classCustomersSales (MWh)Average price per kWhAverage use a monthAverage bill a month
Residential148,482899,78121.11¢505 kWh$107
Commercial19,9362,177,71913.97¢9,103 kWh$1,272
Industrial21143,2068.87¢568,278 kWh$50,389

How Madison Gas and Electric’s commercial rates are set

Madison Gas and Electric is investor-owned, so its rates are set in cases before the Public Service Commission of Wisconsin and published in a tariff, which is a public document. A commercial account is billed on a rate schedule, chosen by the size of the account and the voltage it takes power at, and a schedule usually combines a fixed monthly charge, a charge per kWh and, above a certain size, a demand charge on the highest rate of draw in the month. The schedule code is printed on the bill. There is no competitive supply market for ordinary commercial accounts in Wisconsin, so the levers are the schedule, the peak and the amount used.

Meters, time-varying rates and net metering at Madison Gas and Electric

EIA counts 20,471 commercial meters at Madison Gas and Electric in 2025, and 14,444 of them (71%) are advanced meters (AMI), which record use at least hourly and report it to the utility at least daily. Of the rest, 6,027 are automated-reading (AMR) meters, which send a reading to the utility for billing only. An advanced meter is what makes interval data possible, and interval data is what shows when a building’s peak demand happens.

At Madison Gas and Electric, 454 commercial customers were on a time-varying rate in 2025, about 2.3% of its commercial customers. A time-varying rate charges more in some hours than in others, so when a business uses power matters as well as how much. The kinds Madison Gas and Electric reports offering commercial customers are time-of-use pricing.

EIA records 381 commercial net-metered generating systems at Madison Gas and Electric in 2025, with 40.5 MW of capacity between them: about 19 for every 1,000 commercial customers. Net metering credits a customer for power its own system sends to the grid; the terms are in the utility’s tariff.

How reliable is Madison Gas and Electric’s electric service?

Madison Gas and Electric customers went without power for an average of 27 minutes in 2025, excluding major storms, with about 0.28 interruptions per customer. The average across U.S. utilities reporting the same way is 124 minutes. With major storms counted the figure was 49 minutes. These are averages over every customer of every class, so they describe the system and not any one street.

Where Madison Gas and Electric serves

EIA records Madison Gas and Electric serving customers in 1 Wisconsin county: Dane. A county can be shared between utilities, so this does not tell you who serves a given address. The utility that serves an address is the one named on its bill.

EIA lists MISO as its balancing authority. MISO is one of the organised wholesale markets, which run the grid and the wholesale power market across their area.

Other utilities in Wisconsin

The average each billed its commercial customers in 2025. The Wisconsin page has the state’s own figures and every utility with 500 or more commercial customers.

What these figures can and cannot tell you

  • They are averages over every commercial customer. A utility whose commercial customers are mostly large averages fewer cents per kWh than one serving mostly small shops, so a lower figure can mean larger customers and not a lower rate.
  • They are not a rate schedule. None of these figures is a charge printed in Madison Gas and Electric’s tariff, and nothing here works out a bill from one. The tariff index lists the utilities whose filed schedules are quoted on this site.
  • They are annual and final. EIA publishes utility figures once a year. The Wisconsin page carries the state’s trailing 12 months, which is more recent and still preliminary.

For one building, the cost estimator gives a range by building type, size and state, and price by utility sets every utility side by side. Commercial vs residential vs industrial compares the classes in every state.

Data: every year of these figures, for this utility and every other with a page, is in one CSV, free to use with credit to the U.S. Energy Information Administration and this site. To cite this page: Madison Gas and Electric commercial electricity rates, CommercialElectricityRates.com, from EIA Form EIA-861 final 2025 data.

Common questions about Madison Gas and Electric

What is the average commercial electricity rate at Madison Gas and Electric?
Madison Gas and Electric billed its commercial customers in Wisconsin an average of 13.97¢ per kWh in 2025, according to the U.S. Energy Information Administration. That is 7.0% above the Wisconsin commercial average of 13.06¢. It is the utility’s commercial revenue divided by its commercial sales, so it describes the whole class and is not the rate on any one schedule.
How much is the average commercial electric bill at Madison Gas and Electric?
About $1,272 a month in 2025, on average use of about 9,103 kWh a month. That is Madison Gas and Electric’s commercial revenue divided by its 19,936 commercial customers. A few very large accounts pull the average up, so most businesses pay less than this.
Have Madison Gas and Electric’s commercial electricity rates gone up?
The average Madison Gas and Electric billed commercial customers rose 21% between 2015 and 2025, from 11.52¢ to 13.97¢ per kWh. The Wisconsin commercial average rose 20% over the same period.
How reliable is Madison Gas and Electric’s electric service?
Madison Gas and Electric customers averaged 27 minutes without power in 2025, excluding major storms, against a 124-minute average for U.S. utilities reporting the same way (EIA).
Does Madison Gas and Electric use smart meters for businesses?
EIA counts 14,444 advanced (AMI) meters among Madison Gas and Electric’s 20,471 commercial meters in 2025, which is 71%. An advanced meter records use at least hourly, which is what makes interval data and time-varying rates possible.
Is this the rate my business will pay Madison Gas and Electric?
No. It is an average over every commercial customer, from a corner shop to a campus. What one business pays depends on its rate schedule, how much it uses and how hard it draws at its peak. The schedule code is printed on the bill, and the schedule itself is in Madison Gas and Electric’s tariff.
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