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Wisconsin Power & Light Co vs Madison Gas & Electric Co: who pays less in Wisconsin?

Data as of: EIA-861 annual 2024 (released 2025) · EIA monthly state prices February 2026 · EIA weekly heating-fuel survey Mar 30, 2026 · retail-choice registry reviewed Jun 2026 · URDB tariffs pulled Jun 2026. Page generated 2026-06-12.

Wisconsin Power & Light Co customers paid less: an average 16.89¢/kWh in 2024 versus 20.34¢/kWh at Madison Gas & Electric Co (EIA-861) — a gap of 3.44¢/kWh, worth about $372 per year at typical usage (10,800 kWh/yr). Their territories meet in 1 WI county (Dane). You cannot switch wires companies — the territory is set by your address.

Side by side (WI, EIA-861)

Wisconsin Power & Light Co vs Madison Gas & Electric Co — residential averages from federal EIA-861 filings
MetricWisconsin Power & Light CoMadison Gas & Electric Co
2024 average price, ¢/kWh16.8920.34
2023 average price, ¢/kWh16.1419.72
Annual cost at 10,800 kWh, $/yr$1,825$2,196
Residential customers (2024)437,211147,501
OwnershipInvestor-ownedInvestor-owned
Counties served in WI351

Average price = residential revenue ÷ sales (bundled service): the all-in price customers actually paid, including supply, delivery and riders. Profiles: Wisconsin Power & Light Co · Madison Gas & Electric Co · Wisconsin overview.

Where the territories meet

Both utilities file EIA-861 service territory in: Dane county (WI, 2024).

Adjoining or overlapping territory in a county does not mean households there can pick between the two — service maps are parcel-level and fixed. The county overlap mainly matters when choosing where to live or comparing town-level costs.

Can you actually choose between them?

No — not for delivery. Distribution territories are exclusive and set by address; Wisconsin Power & Light Co and Madison Gas & Electric Co do not compete for the same meters. Wisconsin is a regulated retail market — there is no residential supplier shopping; rates are set in utility-commission proceedings (psc.wi.gov). The price gap above mainly matters when choosing where to live, comparing towns, or benchmarking your bill.

Questions people ask

Is Wisconsin Power & Light Co cheaper than Madison Gas & Electric Co?
Yes — in 2024 Wisconsin Power & Light Co customers averaged 16.89 cents/kWh versus 20.34 for Madison Gas & Electric Co (EIA-861). Wisconsin Power & Light Co was cheaper by 3.44 cents, about $372 per year at 10,800 kWh.
Can I switch from Madison Gas & Electric Co to Wisconsin Power & Light Co?
No — distribution territories are exclusive and set by address; you cannot pick between the two wires companies. Wisconsin has no residential supplier shopping either; rates are set in utility-commission proceedings.
Why is Madison Gas & Electric Co more expensive than Wisconsin Power & Light Co?
EIA-861 averages reflect everything customers actually paid — supply costs, delivery rates, riders, and surcharges across each territory. Differences in generation mix, grid investment, storm costs, and customer density between Madison Gas & Electric and Wisconsin Power & Light territory all feed the 3.44-cent gap.
About these numbers. Rates shown are averages computed from federal regulatory filings (EIA Form 861) and public tariff databases — confirm with your utility before making decisions; your actual rate depends on your tariff, usage, and riders. Distribution utility is determined by address and generally cannot be chosen; in retail-choice states you may choose your supplier for the supply portion of the bill. Savings figures use 10,800 kWh/yr (US average residential usage) and are estimates, not quotes. EnergySavings is an independent data project by CertiHomes and is not affiliated with any utility, supplier, or government agency.