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Madison electricity and gas rates

At typical use (500 kWh of electricity and 60 therms of gas a month), electricity and gas for a Madison house cost about $159 a month: about $1,910 a year. Estimated from public rates, not anyone's actual bill.

Who supplies power and gas to Madison houses and what a typical house uses: about 500 kWh of electricity and 60 therms of gas a month.

Electricity: Madison Gas and Electric

MGE residential service Rg-1, the rate most residential customers are served on.

ChargePrice
Fixed charge$18.15 a month
Per kWh18.43¢

Gas: Madison Gas and Electric

MGE residential RD-1 distribution with FS-1 supply, for service on and after October 1, 2026; the supply charge varies monthly.

ChargePrice
Fixed charge$19.50 a month
Per therm48.23¢

Ways to pay less

  • Time-of-use electric rate. MGE's optional Rg-2A rate may save money if you shift significant electricity use to when demand is low. Effective January 1, 2027, MGE's time-of-use rates move to a new rate structure. How: Rg-2A is optional to all residential customers.

Sources

  1. MGE electric
  2. MGE gas

Checked October 30, 2026. Every number here comes from the public sources listed, matched by our checker.

Rates change every year; this page shows when it was last checked. Nothing here is legal, tax or insurance advice.

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