3 Utility Picks To Tap Likely Rise In Electricity Consumption

MGE Energy, Inc. (MGEE - Free Report), through its subsidiaries, operates as a public utility holding company primarily in Wisconsin. The company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in Wisconsin and Iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services. The Zacks Consensus Estimate for its current-year earnings increased 1.4% over the past 60 days. The company’s expected earnings growth rate for the current year is 7.1%.

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