Serving Our Strong Local Economy
Our subsidiary, Madison Gas and Electric (MGE), serves one of the strongest economies in the nation.
- The Madison area was ranked 12th among 382 metro areas nationwide by the independent research firm Policom Corp. According to Policom, the highest ranked areas have experienced consistent economic growth in both size and quality for an extended period of time. This competitive economic growth has resulted in an unemployment rate of approximately 3% for our area.
- Our metro area was listed as one of four U.S. “tech hubs” by the Atlantic Council, a nonpartisan think tank. The council’s study cited Madison’s growth of high-tech companies often spurred by scientific and technical research at the University of Wisconsin-Madison. The university is a research powerhouse, which had just under $1.1 billion in annual expenditures for research across all fields.
At MGE, we work with business and community leaders to help ensure our economic growth continues.