Madison Gas & Electric Co Electricity Rates and Average Bill (Wisconsin)
Data through August 2026 (the latest month EIA has published) · Updated October 31, 2026
As of August 2026, Madison Gas & Electric Co's residential customers in Wisconsin paid an average effective rate of 21.02¢/kWh with an average monthly bill of $125.31, per EIA Form 861-M data. That rate is 1.6¢ above the Wisconsin average of 19.41¢/kWh; the U.S. average is 18.16¢/kWh.
Rate trend vs the Wisconsin average
View this chart as a table (last 12 months)
| Month | Rate (¢/kWh) | Avg bill ($/mo) | Avg usage (kWh/mo) |
|---|---|---|---|
| September 2025 | 21.16 | 102.66 | 485 |
| October 2025 | 20.99 | 87.12 | 415 |
| November 2025 | 21.02 | 97.85 | 466 |
| December 2025 | 21.00 | 110.36 | 526 |
| January 2026 | 21.04 | 111.08 | 528 |
| February 2026 | 21.73 | 97.25 | 448 |
| March 2026 | 22.08 | 97.92 | 444 |
| April 2026 | 22.36 | 81.06 | 362 |
| May 2026 | 21.92 | 100.35 | 458 |
| June 2026 | 21.36 | 110.82 | 519 |
| July 2026 | 20.50 | 148.94 | 726 |
| August 2026 | 21.02 | 125.31 | 596 |
Madison Gas & Electric Co vs Wisconsin vs the U.S.
| Madison Gas & Electric Co | Wisconsin | U.S. average | |
|---|---|---|---|
| Rate (August 2026) | 21.02¢/kWh | 19.41¢/kWh | 18.16¢/kWh |
| Average monthly bill | $125.31 | $147.68 | $209.23 |
| Average monthly usage | 596 kWh | 761 kWh | 1152 kWh |
| Rate change, 1 year | +1.0% | +5.3% | +3.4% |
Estimate a bill at Madison Gas & Electric Co rates
Worked example: 1,000 kWh at Madison Gas & Electric Co's average effective rate of 21.02¢/kWh is about $210.20. The utility's actual average usage is 596 kWh/month, which produces the $125.31 average bill. This is an all-in average (energy, delivery, fixed charges, riders); your tariff's marginal price will differ.
See the full Wisconsin rate trend, look up another utility by ZIP code, or read why electric bills are rising.
Source: EIA Form 861-M (monthly utility-level sales to ultimate customers, residential), published with roughly a two-month lag. Rate = revenue ÷ sales; bill = revenue ÷ customers. Months failing basic sanity screens are excluded. See methodology.