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MGE Expands Wind Program and Lowers Premium

January 2008 - Madison Gas and Electric (MGE) announced that it has entered into agreements for an additional 75 MW of wind energy and is expanding its voluntary green power program. Under the utility's new Green Power Tomorrow program, customers can purchase wind energy for 50% or 100% of their electricity needs or in 300-kWh monthly increments at an extra cost of 1¢/kWh above standard electricity rates. The new program replaces the utility's former Wind Power Program and offers wind energy at a significantly lower premium. Under the earlier program, the wind energy was priced at a premium of 2.68¢/kWh over standard electricity rates. MGE plans to triple the amount of wind energy available to customers under the new voluntary program using a portion of the output from three wind farms that are slated to come online in 2007 and 2008 in Iowa and Wisconsin. Currently, 4,300 MGE customers voluntarily purchase a total of about 15 million kWh of wind energy annually.

News Release - MGE Moving Forward on Renewable Energy



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