Assets
MGE Energy reached a milestone when its assets topped $1 billion in 2007. In the last five years, assets have grown from $726 million to $1.1 billion. This steady growth in assets helped produce record earnings in 2007.

Earnings
MGE Energy reported earnings for the twelve months ended Dec. 31, 2007, of $48.8 million or $2.27 per share compared to $42.4 million or $2.06 per share for the same period in the prior year. A contributor to higher earnings in 2007 is an increase in revenues from the recovery of costs related to MGE Energy's construction activities. As a result of the construction activities at the Elm Road power plant and the Top of Iowa wind project, MGE Energy recognized $4.6 million in additional pretax income in 2007, compared to the prior year.

Dividends
MGE Energy is one of only 95 U.S. companies and one of six electric utilities to raise dividends annually for 30 or more consecutive years. The annualized dividend is equivalent to $1.41 per share.