Madison Gas & Electric Co late fee
Wisconsin · Investor Owned
Madison Gas & Electric Co charges 1% for a residential electric bill paid late.
- Percentage fee
- 1% of the past-due balance
- Can disconnect
- Yes, for non-payment
- Percentile
- Higher than 3% of US utilities that charge a percentage fee
- Residential customers
- 147,501
Late fees versus bad debt, 2024
- Late-fee revenue
- $1,253,146 (FERC account 450, Forfeited Discounts)
- Written off
- $5,613,500 (FERC account 904, Uncollectible Accounts)
- Ratio
- 0.22x
Source: US Federal Energy Regulatory Commission, FERC Form 1, accounts 450 and 904 (18 CFR Part 101), retrieved via the Public Utility Data Liberation project. Municipal utilities and most cooperatives do not file Form 1, so no ratio is available for them.
Disconnections in 2024
- Disconnections
- 2,575 for non-payment
- Rate
- 1.78 per 100 residential customers
- Final notices
- 6,715
- Reconnections
- 2,088
Counts are disconnection events, not households. Source: US Energy Information Administration, Form EIA-112. See how this compares.
Tariff incorporates WI PSC 113.0406(1)(i): max 1%/month on unpaid balance
Source: https://www.mge.com/MGE/media/MGE-Library/documents/rates-electric/electric-rates-05292026.pdf