| | Business Summary | | Madison
Gas
and
Electric
Company
(MGE)
is
a
public
utility
that
generates,
transmits
and
distributes
electricity
in
Dane
County,
Wisconsin
(250
square
miles).
MGE
also
purchases,
transports
and
distributes
natural
gas
in
seven
Wisconsin
counties,
including
Columbia,
Crawford,
Dane,
Iowa,
Juneau,
Monroe
and
Vernon
(1,325
square
miles).
As
of
Dec.
31,
2000,
MGE
supplied
electric
service
to
approximately
126,000
customers,
of
whom
113,000
were
located
in
the
cities
of
Fitchburg,
Madison,
Middleton
and
Monona,
and
13,000
in
adjacent
areas.
Of
the
total
number
of
customers,
approximately
109,000
were
residential
and
17,000
were
commercial
and
industrial.
Electric
revenues
for
2000
were
comprised
of
residential
(34%),
commercial
(48%),
industrial
(7%),
sales
to
public
authorities
including
the
University
of
Wisconsin
(7%)
and
sales
to
other
utilities
(4%).
Electric
operations
accounted
for
63%
of
MGE's
total
2000
revenues. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Madison
Gas
and
Electric
Co.
generates,
transmits,
and
distributes
electricity
in
Dane
County,
Wisconsin.
MDSN
also
purchases,
transports
and
distributes
natural
gas
in
seven
other
counties.
For
the
six
months
ended
6/01,
revenues
rose
29%
to
$192.3
million.
Net
income
before
accounting
change
rose
20%
to
$15
million.
Revenues
reflect
an
electric
rate
increase
and
higher
retail
sales.
Net
income
also
reflects
the
inclusion
of
a
$1.7
million
equity
in
earnings
of
investee
gain. | | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| David Mebane, 66
Chairman, | $365K | Gary Wolter, 45
Pres,
CEO, Director | 246K | Ronald Semmann, 64
Exec.
VP | -- | Mark Williamson, 46
Exec.
VP and CSO | 246K | Lynn Hobbie, 41
Sr.
VP | -- | | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/m/mdsn.gif)