Related Party Transactions |
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| Related Party Transactions [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Related Party Transactions | RELATED PARTY TRANSACTIONS Basin Electric provides wholesale electricity sales and other services to its members. Basin Electric had accounts receivable from its members related to member wholesale power agreements of $223.8 million and $202.4 million as of March 31, 2026 and December 31, 2025, respectively. Other receivables include $2.8 million and $2.3 million as of March 31, 2026 and December 31, 2025, respectively, for amounts Basin Electric, as operating agent, and its subsidiaries, have billed to MBPP. Included in special funds on the consolidated balance sheets is Basin Electric’s advance to MBPP of approximately $17.0 million as of both March 31, 2026 and December 31, 2025. CONTRACTUAL COMMITMENTS–Basin Electric provides and receives power, various materials, supplies and services to and from affiliates which are under the following agreements: •POWER SUPPLY–Basin Electric provides all electric capacity, energy and transmission service needed to meet Dakota Gas’ Synfuels Plant requirements under an agreement that extends through 2050. •SCREENED COAL–Dakota Gas’ Synfuels Plant provides screened coal to Basin Electric under an agreement that extends through 2037. •COAL SUPPLY–Dakota Coal provides all coal requirements of Dakota Gas’ Synfuels Plant and Basin Electric’s AVS and LOS. This agreement extends through 2037. •ADMINISTRATIVE SERVICES–Basin Electric provides various administrative and financial services to Dakota Gas, Dakota Coal, MLC and BCS. •LIME SALES–Dakota Coal provides lime to Basin Electric’s AVS and LRS. The agreement with AVS extends through 2030. •LIMESTONE SALES–Dakota Coal provides limestone to Basin Electric’s LOS under an agreement that extends through 2040. •WATER SUPPLY–Basin Electric provides water supply facilities for use by Dakota Gas’ Synfuels Plant. •SALE OF NATURAL GAS–Dakota Gas sells natural gas to Basin Electric for operation of utility gas generating plants and AVS (includes pipeline related costs). •USE OF TRANSMISSION ASSETS–Basin Electric uses certain Dakota Gas transmission assets for a fee under an agreement that extends through 2047. •SALE OF FERTILIZERS, UREA AND DEF-Dakota Gas sells fertilizers, urea and DEF to Basin Electric and MBPP for operation of power generation units. •PROJECT SERVICES–Basin Electric provides the use of operational assets to Dakota Gas’ Synfuels Plant. •OTHER-Dakota Coal provides the maintenance of railroad facilities to Dakota Gas' Synfuels Plant and Basin Electric under an agreement that extends through 2040. Related party amounts that were not eliminated in consolidation in accordance with ASC 980 were billed as follows for the three months ended March 31, 2026 and 2025:
Various other intercompany management, administrative and financial services were performed, which were not significant.
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