I recently started a new SA series reviewing companies I consider the Best of the Best Utilities, with the first installment covering MGE Energy (MGEE). The premise is the best utility companies have earned the best credit ratings from S&P, have produced a high rating for consistency in earnings and dividend growth, and operate in states with the best regulatory environments. Of the 51 utility companies reviewed, only seven made the list. Mid-cap multi-utility Alliant Energy (LNT) has an outstanding credit rating, has virtually all its business in states with high