MGE Energy, Inc. (Nasdaq: MGEE) today published its investor newsletter Inside View with the following topics:

- MGE Energy strong financial performance receives national recognition
- Largest dividend increase in last 20 years
- Substation upgrades serve growth
- Strong local economy

The newsletter is available on MGE Energy's website at: http://www.mgeenergy.com/insideview

Inside View is published periodically to provide investors with information about MGE Energy and its primary subsidiary Madison Gas and Electric.

MGE Energy is an investor-owned public utility holding company headquartered in the state capital of Madison, Wis. It is the parent company of Madison Gas and Electric, which generates and distributes electricity in Dane County, Wis., and purchases and distributes natural gas in seven south-central and western Wisconsin counties.

MGE Energy's assets total approximately $1.5 billion. It has 712 employees, more than 36,000 stockholders of record and its 2011 revenues were $546 million.