Electric Bill Tracker

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Madison Gas & Electric electric rates

Updated October 7, 2026 · Source: EIA Form 861 (2024)

Investor-owned utility serving 147,501 homes in Wisconsin.

Your rate

20.34¢per kWh, average residential rate 24% higher than the U.S. average (16.4¢)
$99average monthly bill$1,187 a year
486kWh used per month, average home
+22%rate change since 2020U.S. average: +28%

Estimate your bill

It's on your bill, usually near the top. Starting at 486 kWh, the average for Madison Gas & Electric homes.

kWh
$99 a month
$12 fixed charge + 17.9¢ × 486 kWh

This is an estimate. Uses the EIA average rate with a nominal $12 fixed charge; real tariffs have tiers, time-of-use pricing and riders. Your bill also includes taxes and fuel adjustments that change month to month.

Rate cases

No rate case on file for Madison Gas & Electric right now. We check regulator dockets weekly; last check October 7, 2026. Know of one?

Rate history

Madison Gas & Electric's average rate is up 22% since 2020, versus +28% for the U.S. average.

16.7¢ 2020 16.7¢ 2021 18.2¢ 2022 19.7¢ 2023 20.3¢ 2024 U.S. avg

Average residential revenue per kWh, EIA-861. Includes delivery and, where the utility sells it, supply.

Rebates for heat pumps, batteries and EV chargers

We haven't found utility-level rebates for Madison Gas & Electric yet. Check Wisconsin programs or read what's left after the federal credits ended.

About Madison Gas & Electric

Ownership
Investor Owned
Homes served
147,501 residential customers (2024)
Grid operator
MISO
Retail choice
No — one bundled rate
Data
EIA-861 2024, released October 7, 2026; rate cases checked October 7, 2026

Other utilities in Wisconsin

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