Isnt MGE a regulated utility?
Yes and no. With the advent of deregulation the distinction between regulated utilities and energy companies has become increasingly blurred. Nowadays utilities are generally subsidiaries of energy holding companies. In this case the utility MG&E (Madison Gas & Electric Co.) is a subsidiary of the holding company MGE Energy Inc. (ticker symbol MGEE). The financial performance of each subsidiary of MGE Energy Inc. affects its share price and is important to its investors across the country.
