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| **SECURITIESAND EXCHANGE COMMISSION**                                                                                                                                                                                                                                             |
| **Washington, D. C. 20549**                                                                                                                                                                                                                                                       |
| **FORM10-Q**                                                                                                                                                                                                                                                                      |
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| [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OFTHE SECURITIES EXCHANGE ACT OF 1934                                                                                                                                                                                        |
| For the quarterly period ended: **JUNE30, 2000**                                                                                                                                                                                                                                  |
| or                                                                                                                                                                                                                                                                                |
| [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OFTHE SECURITIES EXCHANGE ACT OF 1934 For the transition periodfrom: ________________ to ________________                                                                                                                   |
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| **Commission File Number 0-1125**                                                                                                                                                                                                                                                 |
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| **MADISONGAS AND ELECTRIC COMPANY**(Exact name of registrant as specified in its charter)                                                                                                                                                                                         |
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| **Wisconsin**(State or other jurisdiction of incorporation or organization)                                                                                                                                                                                                       | **39-0444025**(IRS Employer Identification No.) |
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| **133South Blair Street, Madison, Wisconsin 53703**(Address of principal executive offices and ZIP code)                                                                                                                                                                          |
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| **(608)252-7000**(Registrant's telephone number including area code)                                                                                                                                                                                                              |
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| **Common Stock Outstandingat August 14, 2000: 16,426,211 Shares**                                                                                                                                                                                                                 |
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| Indicate by check mark whether the registrant (1) has filedall reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months, and (2) has been subjectto such filing requirements for the past 90 days. Yes [X] No [ ] |