v3.26.1
Segment Information (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2026
USD ($)
Segment
Jun. 30, 2025
USD ($)
Segment Reporting [Line Items]        
Operating revenues $ 161,195 $ 159,452 $ 403,898 $ 378,422
Depreciation and amortization (28,939) (28,354) (57,028) (56,032)
Income tax (provision) benefit (4,279) (2,975) (10,135) (9,271)
Equity in earnings of investment     7,336 6,241
Net Income (Loss) 33,353 26,498 81,834 68,090
Segment Reporting Information Assets And Capital Expenditures [Abstract]        
Segment Reporting, Long-Lived Asset, Expenditure for Addition     $ 210,906 111,753
Number of Reportable Segments | Segment     4  
Electric [Member]        
Segment Reporting [Line Items]        
Operating revenues 131,380 129,313 $ 262,760 254,767
Gas [Member]        
Segment Reporting [Line Items]        
Operating revenues 29,601 29,925 140,864 123,406
Non Regulated Energy [Member]        
Segment Reporting [Line Items]        
Operating revenues 214 214 274 249
Transmission Investment [Member]        
Segment Reporting [Line Items]        
Operating revenues 0 0 0 0
All Others [Member]        
Segment Reporting [Line Items]        
Operating revenues 0 0 0 0
Operating Segments [Member]        
Segment Reporting [Line Items]        
Operating revenues 161,195 159,452 403,898 378,422
Fuel and purchased power (18,720) (21,854) (41,496) (43,801)
Purchased gas costs (9,285) (11,313) (80,108) (65,277)
Depreciation and amortization (28,939) (28,354) (57,028) (56,032)
Interest expense (11,236) (9,142) (22,374) (18,304)
Other segment items [1] (59,178) (62,376) (118,259) (123,888)
Income tax (provision) benefit (4,279) (2,975) (10,135) (9,271)
Equity in earnings of investment 3,795 3,060 7,336 6,241
Net Income (Loss) 33,353 26,498 81,834 68,090
Operating Segments [Member] | Electric [Member]        
Segment Reporting [Line Items]        
Operating revenues 131,370 129,285 262,742 254,691
Fuel and purchased power (19,509) (22,524) (43,582) (45,630)
Purchased gas costs 0 0 0 0
Depreciation and amortization (21,959) (22,094) (43,213) (43,629)
Interest expense (8,168) (6,485) (16,247) (12,978)
Other segment items [1] (57,877) (58,130) (113,151) (114,109)
Income tax (provision) benefit (1,237) (472) 1,744 1,430
Equity in earnings of investment 0 0 0 0
Net Income (Loss) 22,620 19,580 48,293 39,775
Segment Reporting Information Assets And Capital Expenditures [Abstract]        
Segment Reporting, Long-Lived Asset, Expenditure for Addition     174,157 83,034
Operating Segments [Member] | Gas [Member]        
Segment Reporting [Line Items]        
Operating revenues 31,796 32,483 152,073 132,436
Fuel and purchased power 0 0 0 0
Purchased gas costs (10,702) (13,211) (89,256) (72,501)
Depreciation and amortization (4,999) (4,347) (9,864) (8,579)
Interest expense (2,250) (1,768) (4,473) (3,531)
Other segment items [1] (15,372) (15,015) (30,977) (31,111)
Income tax (provision) benefit 599 561 (4,664) (4,426)
Equity in earnings of investment 0 0 0 0
Net Income (Loss) (928) (1,297) 12,839 12,288
Segment Reporting Information Assets And Capital Expenditures [Abstract]        
Segment Reporting, Long-Lived Asset, Expenditure for Addition     28,308 22,975
Operating Segments [Member] | Non Regulated Energy [Member]        
Segment Reporting [Line Items]        
Operating revenues 11,790 11,335 23,268 22,474
Fuel and purchased power 0 0 0 0
Purchased gas costs 0 0 0 0
Depreciation and amortization (1,981) (1,913) (3,951) (3,824)
Interest expense (818) (889) (1,654) (1,795)
Other segment items [1] (30) (23) (81) (67)
Income tax (provision) benefit (2,441) (2,318) (4,789) (4,573)
Equity in earnings of investment 0 0 0 0
Net Income (Loss) 6,520 6,192 12,793 12,215
Segment Reporting Information Assets And Capital Expenditures [Abstract]        
Segment Reporting, Long-Lived Asset, Expenditure for Addition     8,441 5,744
Operating Segments [Member] | Transmission Investment [Member]        
Segment Reporting [Line Items]        
Operating revenues 0 0 0 0
Fuel and purchased power 0 0 0 0
Purchased gas costs 0 0 0 0
Depreciation and amortization 0 0 0 0
Interest expense 0 0 0 0
Other segment items [1] 0 0 0 0
Income tax (provision) benefit (1,034) (835) (1,999) (1,702)
Equity in earnings of investment 3,795 3,060 7,336 6,241
Net Income (Loss) 2,761 2,225 5,337 4,539
Segment Reporting Information Assets And Capital Expenditures [Abstract]        
Segment Reporting, Long-Lived Asset, Expenditure for Addition     0 0
Operating Segments [Member] | Total Reportable Segments        
Segment Reporting [Line Items]        
Operating revenues 174,956 173,103 438,083 409,601
Fuel and purchased power (19,509) (22,524) (43,582) (45,630)
Purchased gas costs (10,702) (13,211) (89,256) (72,501)
Depreciation and amortization (28,939) (28,354) (57,028) (56,032)
Interest expense (11,236) (9,142) (22,374) (18,304)
Other segment items [1] (73,279) (73,168) (144,209) (145,287)
Income tax (provision) benefit (4,113) (3,064) (9,708) (9,271)
Equity in earnings of investment 3,795 3,060 7,336 6,241
Net Income (Loss) 30,973 26,700 79,262 68,817
Operating Segments [Member] | All Others [Member]        
Segment Reporting [Line Items]        
Operating revenues 0 0 0 0
Fuel and purchased power 0 0 0 0
Purchased gas costs 0 0 0 0
Depreciation and amortization 0 0 0 0
Interest expense 0 0 0 0
Other segment items [1] 2,546 (291) 2,999 (727)
Income tax (provision) benefit (166) 89 (427) 0
Equity in earnings of investment 0 0 0 0
Net Income (Loss) 2,380 (202) 2,572 (727)
Segment Reporting Information Assets And Capital Expenditures [Abstract]        
Segment Reporting, Long-Lived Asset, Expenditure for Addition     0 0
Consolidation Elimination Entries [Member]        
Segment Reporting [Line Items]        
Operating revenues (13,761) (13,651) (34,185) (31,179)
Fuel and purchased power 789 670 2,086 1,829
Purchased gas costs 1,417 1,898 9,148 7,224
Depreciation and amortization 0 0 0 0
Interest expense 0 0 0 0
Other segment items [1] 11,555 11,083 22,951 22,126
Income tax (provision) benefit 0 0 0 0
Equity in earnings of investment 0 0 0 0
Net Income (Loss) 0 0 0 0
Segment Reporting Information Assets And Capital Expenditures [Abstract]        
Segment Reporting, Long-Lived Asset, Expenditure for Addition     0 0
Consolidation Elimination Entries [Member] | Electric [Member]        
Segment Reporting [Line Items]        
Operating revenues (10) (28) (18) (76)
Consolidation Elimination Entries [Member] | Gas [Member]        
Segment Reporting [Line Items]        
Operating revenues 2,195 2,558 11,209 9,030
Consolidation Elimination Entries [Member] | Non Regulated Energy [Member]        
Segment Reporting [Line Items]        
Operating revenues 11,576 11,121 22,994 22,225
Consolidation Elimination Entries [Member] | Transmission Investment [Member]        
Segment Reporting [Line Items]        
Operating revenues 0 0 0 0
Consolidation Elimination Entries [Member] | Total Reportable Segments        
Segment Reporting [Line Items]        
Operating revenues 13,761 13,651 34,185 31,179
Consolidation Elimination Entries [Member] | All Others [Member]        
Segment Reporting [Line Items]        
Operating revenues 0 0 0 0
MGE [Member]        
Segment Reporting [Line Items]        
Operating revenues 161,195 159,452 403,898 378,422
Depreciation and amortization (28,939) (28,354) (57,028) (56,032)
Income tax (provision) benefit (3,079) (2,229) (7,709) (7,569)
Net Income (Loss) Attributable to Noncontrolling Interest 5,729 5,714 11,335 11,313
Net Income (Loss) 22,483 18,761 62,590 52,965
Segment Reporting Information Assets And Capital Expenditures [Abstract]        
Segment Reporting, Long-Lived Asset, Expenditure for Addition     $ 210,906 111,753
Number of Reportable Segments | Segment     3  
MGE [Member] | Electric [Member]        
Segment Reporting [Line Items]        
Operating revenues 131,380 129,313 $ 262,760 254,767
MGE [Member] | Gas [Member]        
Segment Reporting [Line Items]        
Operating revenues 29,601 29,925 140,864 123,406
MGE [Member] | Non Regulated Energy [Member]        
Segment Reporting [Line Items]        
Operating revenues 214 214 274 249
MGE [Member] | Operating Segments [Member]        
Segment Reporting [Line Items]        
Operating revenues 161,195 159,452 403,898 378,422
Fuel and purchased power (18,720) (21,854) (41,496) (43,801)
Purchased gas costs (9,285) (11,313) (80,108) (65,277)
Depreciation and amortization (28,939) (28,354) (57,028) (56,032)
Interest expense (11,236) (9,142) (22,374) (18,304)
Other segment items [2] (61,724) (62,085) (121,258) (123,161)
Income tax (provision) benefit (3,079) (2,229) (7,709) (7,569)
Net Income (Loss) Attributable to Noncontrolling Interest (5,729) (5,714) (11,335) (11,313)
Net Income (Loss) 22,483 18,761 62,590 52,965
MGE [Member] | Operating Segments [Member] | Electric [Member]        
Segment Reporting [Line Items]        
Operating revenues 131,370 129,285 262,742 254,691
Fuel and purchased power (19,509) (22,524) (43,582) (45,630)
Purchased gas costs 0 0 0 0
Depreciation and amortization (21,959) (22,094) (43,213) (43,629)
Interest expense (8,168) (6,485) (16,247) (12,978)
Other segment items [2] (57,877) (58,130) (113,151) (114,109)
Income tax (provision) benefit (1,237) (472) 1,744 1,430
Net Income (Loss) Attributable to Noncontrolling Interest 0 0 0 0
Net Income (Loss) 22,620 19,580 48,293 39,775
Segment Reporting Information Assets And Capital Expenditures [Abstract]        
Segment Reporting, Long-Lived Asset, Expenditure for Addition     174,157 83,034
MGE [Member] | Operating Segments [Member] | Gas [Member]        
Segment Reporting [Line Items]        
Operating revenues 31,796 32,483 152,073 132,436
Fuel and purchased power 0 0 0 0
Purchased gas costs (10,702) (13,211) (89,256) (72,501)
Depreciation and amortization (4,999) (4,347) (9,864) (8,579)
Interest expense (2,250) (1,768) (4,473) (3,531)
Other segment items [2] (15,372) (15,015) (30,977) (31,111)
Income tax (provision) benefit 599 561 (4,664) (4,426)
Net Income (Loss) Attributable to Noncontrolling Interest 0 0 0 0
Net Income (Loss) (928) (1,297) 12,839 12,288
Segment Reporting Information Assets And Capital Expenditures [Abstract]        
Segment Reporting, Long-Lived Asset, Expenditure for Addition     28,308 22,975
MGE [Member] | Operating Segments [Member] | Non Regulated Energy [Member]        
Segment Reporting [Line Items]        
Operating revenues 11,790 11,335 23,268 22,474
Fuel and purchased power 0 0 0 0
Purchased gas costs 0 0 0 0
Depreciation and amortization (1,981) (1,913) (3,951) (3,824)
Interest expense (818) (889) (1,654) (1,795)
Other segment items [2] (30) (23) (81) (67)
Income tax (provision) benefit (2,441) (2,318) (4,789) (4,573)
Net Income (Loss) Attributable to Noncontrolling Interest 0 0 0 0
Net Income (Loss) 6,520 6,192 12,793 12,215
Segment Reporting Information Assets And Capital Expenditures [Abstract]        
Segment Reporting, Long-Lived Asset, Expenditure for Addition     8,441 5,744
MGE [Member] | Operating Segments [Member] | Total Reportable Segments        
Segment Reporting [Line Items]        
Operating revenues 174,956 173,103 438,083 409,601
Fuel and purchased power (19,509) (22,524) (43,582) (45,630)
Purchased gas costs (10,702) (13,211) (89,256) (72,501)
Depreciation and amortization (28,939) (28,354) (57,028) (56,032)
Interest expense (11,236) (9,142) (22,374) (18,304)
Other segment items [2] (73,279) (73,168) (144,209) (145,287)
Income tax (provision) benefit (3,079) (2,229) (7,709) (7,569)
Net Income (Loss) Attributable to Noncontrolling Interest 0 0 0 0
Net Income (Loss) 28,212 24,475 73,925 64,278
MGE [Member] | Consolidation Elimination Entries [Member]        
Segment Reporting [Line Items]        
Operating revenues (13,761) (13,651) (34,185) (31,179)
Fuel and purchased power 789 670 2,086 1,829
Purchased gas costs 1,417 1,898 9,148 7,224
Depreciation and amortization 0 0 0 0
Interest expense 0 0 0 0
Other segment items [2] 11,555 11,083 22,951 22,126
Income tax (provision) benefit 0 0 0 0
Net Income (Loss) Attributable to Noncontrolling Interest (5,729) (5,714) (11,335) (11,313)
Net Income (Loss) (5,729) (5,714) (11,335) (11,313)
Segment Reporting Information Assets And Capital Expenditures [Abstract]        
Segment Reporting, Long-Lived Asset, Expenditure for Addition     0 0
MGE [Member] | Consolidation Elimination Entries [Member] | Electric [Member]        
Segment Reporting [Line Items]        
Operating revenues (10) (28) (18) (76)
MGE [Member] | Consolidation Elimination Entries [Member] | Gas [Member]        
Segment Reporting [Line Items]        
Operating revenues 2,195 2,558 11,209 9,030
MGE [Member] | Consolidation Elimination Entries [Member] | Non Regulated Energy [Member]        
Segment Reporting [Line Items]        
Operating revenues 11,576 11,121 22,994 22,225
MGE [Member] | Consolidation Elimination Entries [Member] | Total Reportable Segments        
Segment Reporting [Line Items]        
Operating revenues $ 13,761 $ 13,651 $ 34,185 $ 31,179
[1] Other segment items include AFUDC Income, Other Income, Net, Other Operations and Maintenance, Other General Taxes, and Interest Revenue.
[2] Other segment items include AFUDC Income, Other Income, Net, Other Operations and Maintenance, Other General Taxes, and Interest Revenue.