Madison Gas & Electric Co Rates: Average Bill & Price per kWh
Residential rates for Madison Gas & Electric Co and how they compare to the Wisconsin average — 2024 EIA-861 annual data.
Residential customers of Madison Gas & Electric Co average $98.89/month at 20.34¢/kWh — below the Wisconsin average of $125.92.
Where Madison Gas & Electric Co rates are heading
Annual residential figures from Form EIA-861, 2019–2024.
| Year | Rate | Avg bill | Res. customers |
|---|---|---|---|
| 2019 | 16.56¢/kWh | $84.59/mo | 135,967 |
| 2020 | 16.72¢/kWh | $89.04/mo | 138,175 |
| 2021 | 16.66¢/kWh | $89.30/mo | 139,446 |
| 2022 | 18.2¢/kWh | $94.89/mo | 141,386 |
| 2023 | 19.72¢/kWh | $100.18/mo | 142,945 |
| 2024 | 20.34¢/kWh | $98.89/mo | 147,501 |
Rate context in Wisconsin
Statewide residential price trend (12 months) — context for Madison Gas & Electric Co's 2024 annual figure.
Madison Gas & Electric Co vs its state
Annual utility averages next to the latest statewide monthly figure — different windows, both labeled.
| Measure | Madison Gas & Electric Co | Wisconsin (latest month) |
|---|---|---|
| Avg bill | $98.89/mo | $125.92/mo |
| Rate | 20.34¢/kWh | 19.56¢/kWh |
Cities served by Madison Gas & Electric Co
Common questions
How much is the average electric bill with Madison Gas & Electric Co?
Madison Gas & Electric Co residential customers averaged $98.89 per month in 2024 (EIA-861 annual data) — about $1,186.70 per year.
What does Madison Gas & Electric Co charge per kWh?
Madison Gas & Electric Co averaged 20.34¢ per kWh for residential service in 2024 (annual revenue divided by sales, EIA-861). Actual rates depend on your plan and season.
How does Madison Gas & Electric Co compare to the Wisconsin average?
Madison Gas & Electric Co bills average $98.89 — lower than the Wisconsin average of $125.92 (latest EIA month).
How many customers does Madison Gas & Electric Co serve?
Madison Gas & Electric Co served 147,501 residential customers in 2024, per EIA-861 — one of the largest utilities we track in WI.
Data: Form EIA-861, 2024 annual residential figures for Madison Gas & Electric Co. Bill = residential revenue ÷ customers ÷ 12; rate = revenue ÷ sales. State context uses the latest EIA monthly data. See methodology.