| Segment Information |
Segment Information - MGE Energy and MGE. MGE Energy operates in the following business segments: electric utility, gas utility, nonregulated energy, transmission investment, and all other. See Footnote 22 to the consolidated financial statements included in Part II, Item 8 of the 2025 Annual Report on Form 10-K for additional discussion of each of these segments. Fuel and purchased power and Purchased gas costs are significant segment expenses as defined in Segment Reporting. The Chief Operating Decision Maker does not review disaggregated assets on a segment basis; therefore, such information is not presented. The following tables show segment information for MGE Energy's and MGE's operations:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(In thousands)
MGE Energy |
|
Electric |
|
|
Gas |
|
|
Non-Regulated Energy |
|
|
Transmission Investment |
|
|
Total Reportable Segments |
|
|
All Others |
|
|
Consolidation/
Elimination |
|
|
Consolidated Total |
|
Three Months Ended September 30, 2026 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating revenues |
|
$ |
172,714 |
|
|
$ |
17,469 |
|
|
$ |
214 |
|
|
$ |
— |
|
|
$ |
190,397 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
190,397 |
|
Interdepartmental revenues |
|
|
5 |
|
|
|
5,400 |
|
|
|
11,773 |
|
|
|
— |
|
|
|
17,178 |
|
|
|
— |
|
|
|
(17,178 |
) |
|
|
— |
|
Total operating revenues |
|
|
172,719 |
|
|
|
22,869 |
|
|
|
11,987 |
|
|
|
— |
|
|
|
207,575 |
|
|
|
— |
|
|
|
(17,178 |
) |
|
|
190,397 |
|
Fuel and purchased power |
|
|
(30,512 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(30,512 |
) |
|
|
— |
|
|
|
1,379 |
|
|
|
(29,133 |
) |
Purchased gas costs |
|
|
— |
|
|
|
(4,494 |
) |
|
|
— |
|
|
|
— |
|
|
|
(4,494 |
) |
|
|
— |
|
|
|
4,033 |
|
|
|
(461 |
) |
Depreciation and amortization |
|
|
(22,278 |
) |
|
|
(5,034 |
) |
|
|
(1,990 |
) |
|
|
— |
|
|
|
(29,302 |
) |
|
|
— |
|
|
|
— |
|
|
|
(29,302 |
) |
Interest expense |
|
|
(8,231 |
) |
|
|
(2,263 |
) |
|
|
(801 |
) |
|
|
— |
|
|
|
(11,295 |
) |
|
|
— |
|
|
|
— |
|
|
|
(11,295 |
) |
Other segment items(a) |
|
|
(58,211 |
) |
|
|
(16,247 |
) |
|
|
(37 |
) |
|
|
— |
|
|
|
(74,495 |
) |
|
|
4,346 |
|
|
|
11,766 |
|
|
|
(58,383 |
) |
Income tax (provision) benefit |
|
|
(5,565 |
) |
|
|
1,500 |
|
|
|
(2,495 |
) |
|
|
(1,069 |
) |
|
|
(7,629 |
) |
|
|
(1,761 |
) |
|
|
— |
|
|
|
(9,390 |
) |
Equity in earnings of investments |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
3,925 |
|
|
|
3,925 |
|
|
|
— |
|
|
|
— |
|
|
|
3,925 |
|
Net income (loss) |
|
|
47,922 |
|
|
|
(3,669 |
) |
|
|
6,664 |
|
|
|
2,856 |
|
|
|
53,773 |
|
|
|
2,585 |
|
|
|
— |
|
|
|
56,358 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended September 30, 2025 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating revenues |
|
$ |
155,277 |
|
|
$ |
20,188 |
|
|
$ |
214 |
|
|
$ |
— |
|
|
$ |
175,679 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
175,679 |
|
Interdepartmental revenues |
|
|
(98 |
) |
|
|
6,393 |
|
|
|
11,249 |
|
|
|
— |
|
|
|
17,544 |
|
|
|
— |
|
|
|
(17,544 |
) |
|
|
— |
|
Total operating revenues |
|
|
155,179 |
|
|
|
26,581 |
|
|
|
11,463 |
|
|
|
— |
|
|
|
193,223 |
|
|
|
— |
|
|
|
(17,544 |
) |
|
|
175,679 |
|
Fuel and purchased power |
|
|
(27,878 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(27,878 |
) |
|
|
— |
|
|
|
1,400 |
|
|
|
(26,478 |
) |
Purchased gas costs |
|
|
— |
|
|
|
(9,868 |
) |
|
|
— |
|
|
|
— |
|
|
|
(9,868 |
) |
|
|
— |
|
|
|
5,003 |
|
|
|
(4,865 |
) |
Depreciation and amortization |
|
|
(22,470 |
) |
|
|
(4,396 |
) |
|
|
(1,950 |
) |
|
|
— |
|
|
|
(28,816 |
) |
|
|
— |
|
|
|
— |
|
|
|
(28,816 |
) |
Interest expense |
|
|
(6,703 |
) |
|
|
(1,836 |
) |
|
|
(873 |
) |
|
|
— |
|
|
|
(9,412 |
) |
|
|
— |
|
|
|
— |
|
|
|
(9,412 |
) |
Other segment items(a) |
|
|
(56,785 |
) |
|
|
(14,439 |
) |
|
|
(30 |
) |
|
|
— |
|
|
|
(71,254 |
) |
|
|
2,946 |
|
|
|
11,141 |
|
|
|
(57,167 |
) |
Income tax (provision) benefit |
|
|
(5,039 |
) |
|
|
1,148 |
|
|
|
(2,345 |
) |
|
|
(912 |
) |
|
|
(7,148 |
) |
|
|
(641 |
) |
|
|
— |
|
|
|
(7,789 |
) |
Equity in earnings of investments |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
3,345 |
|
|
|
3,345 |
|
|
|
— |
|
|
|
— |
|
|
|
3,345 |
|
Net income (loss) |
|
|
36,304 |
|
|
|
(2,810 |
) |
|
|
6,265 |
|
|
|
2,433 |
|
|
|
42,192 |
|
|
|
2,305 |
|
|
|
— |
|
|
|
44,497 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended September 30, 2026 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating revenues |
|
$ |
435,474 |
|
|
$ |
158,333 |
|
|
$ |
488 |
|
|
$ |
— |
|
|
$ |
594,295 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
594,295 |
|
Interdepartmental revenues |
|
|
(13 |
) |
|
|
16,609 |
|
|
|
34,767 |
|
|
|
— |
|
|
|
51,363 |
|
|
|
— |
|
|
|
(51,363 |
) |
|
|
— |
|
Total operating revenues |
|
|
435,461 |
|
|
|
174,942 |
|
|
|
35,255 |
|
|
|
— |
|
|
|
645,658 |
|
|
|
— |
|
|
|
(51,363 |
) |
|
|
594,295 |
|
Fuel and purchased power |
|
|
(74,094 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(74,094 |
) |
|
|
— |
|
|
|
3,465 |
|
|
|
(70,629 |
) |
Purchased gas costs |
|
|
— |
|
|
|
(93,750 |
) |
|
|
— |
|
|
|
— |
|
|
|
(93,750 |
) |
|
|
— |
|
|
|
13,181 |
|
|
|
(80,569 |
) |
Depreciation and amortization |
|
|
(65,491 |
) |
|
|
(14,898 |
) |
|
|
(5,941 |
) |
|
|
— |
|
|
|
(86,330 |
) |
|
|
— |
|
|
|
— |
|
|
|
(86,330 |
) |
Interest expense |
|
|
(24,478 |
) |
|
|
(6,736 |
) |
|
|
(2,455 |
) |
|
|
— |
|
|
|
(33,669 |
) |
|
|
— |
|
|
|
— |
|
|
|
(33,669 |
) |
Other segment items(a) |
|
|
(171,362 |
) |
|
|
(47,224 |
) |
|
|
(118 |
) |
|
|
— |
|
|
|
(218,704 |
) |
|
|
7,345 |
|
|
|
34,717 |
|
|
|
(176,642 |
) |
Income tax provision |
|
|
(3,821 |
) |
|
|
(3,164 |
) |
|
|
(7,284 |
) |
|
|
(3,068 |
) |
|
|
(17,337 |
) |
|
|
(2,188 |
) |
|
|
— |
|
|
|
(19,525 |
) |
Equity in earnings of investments |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
11,261 |
|
|
|
11,261 |
|
|
|
— |
|
|
|
— |
|
|
|
11,261 |
|
Net income |
|
|
96,215 |
|
|
|
9,170 |
|
|
|
19,457 |
|
|
|
8,193 |
|
|
|
133,035 |
|
|
|
5,157 |
|
|
|
— |
|
|
|
138,192 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended September 30, 2025 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating revenues |
|
$ |
410,044 |
|
|
$ |
143,594 |
|
|
$ |
463 |
|
|
$ |
— |
|
|
$ |
554,101 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
554,101 |
|
Interdepartmental revenues |
|
|
(174 |
) |
|
|
15,423 |
|
|
|
33,474 |
|
|
|
— |
|
|
|
48,723 |
|
|
|
— |
|
|
|
(48,723 |
) |
|
|
— |
|
Total operating revenues |
|
|
409,870 |
|
|
|
159,017 |
|
|
|
33,937 |
|
|
|
— |
|
|
|
602,824 |
|
|
|
— |
|
|
|
(48,723 |
) |
|
|
554,101 |
|
Fuel and purchased power |
|
|
(73,508 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(73,508 |
) |
|
|
— |
|
|
|
3,229 |
|
|
|
(70,279 |
) |
Purchased gas costs |
|
|
— |
|
|
|
(82,369 |
) |
|
|
— |
|
|
|
— |
|
|
|
(82,369 |
) |
|
|
— |
|
|
|
12,227 |
|
|
|
(70,142 |
) |
Depreciation and amortization |
|
|
(66,099 |
) |
|
|
(12,975 |
) |
|
|
(5,774 |
) |
|
|
— |
|
|
|
(84,848 |
) |
|
|
— |
|
|
|
— |
|
|
|
(84,848 |
) |
Interest expense |
|
|
(19,681 |
) |
|
|
(5,367 |
) |
|
|
(2,668 |
) |
|
|
— |
|
|
|
(27,716 |
) |
|
|
— |
|
|
|
— |
|
|
|
(27,716 |
) |
Other segment items(a) |
|
|
(170,894 |
) |
|
|
(45,550 |
) |
|
|
(97 |
) |
|
|
— |
|
|
|
(216,541 |
) |
|
|
2,219 |
|
|
|
33,267 |
|
|
|
(181,055 |
) |
Income tax provision |
|
|
(3,609 |
) |
|
|
(3,278 |
) |
|
|
(6,918 |
) |
|
|
(2,614 |
) |
|
|
(16,419 |
) |
|
|
(641 |
) |
|
|
— |
|
|
|
(17,060 |
) |
Equity in earnings of investments |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
9,586 |
|
|
|
9,586 |
|
|
|
— |
|
|
|
— |
|
|
|
9,586 |
|
Net income |
|
|
76,079 |
|
|
|
9,478 |
|
|
|
18,480 |
|
|
|
6,972 |
|
|
|
111,009 |
|
|
|
1,578 |
|
|
|
— |
|
|
|
112,587 |
|
(a)Other segment items include AFUDC Income, Other Income, Net, Other Operations and Maintenance, Other General Taxes, and Interest Revenue.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(In thousands)
MGE |
|
Electric |
|
|
Gas |
|
|
Non-Regulated Energy |
|
|
Total Reportable Segments |
|
|
Consolidation/
Elimination |
|
|
Consolidated Total |
|
Three Months Ended September 30, 2026 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating revenues |
|
$ |
172,714 |
|
|
$ |
17,469 |
|
|
$ |
214 |
|
|
$ |
190,397 |
|
|
$ |
— |
|
|
$ |
190,397 |
|
Interdepartmental revenues |
|
|
5 |
|
|
|
5,400 |
|
|
|
11,773 |
|
|
|
17,178 |
|
|
|
(17,178 |
) |
|
|
— |
|
Total operating revenues |
|
|
172,719 |
|
|
|
22,869 |
|
|
|
11,987 |
|
|
|
207,575 |
|
|
|
(17,178 |
) |
|
|
190,397 |
|
Fuel and purchased power |
|
|
(30,512 |
) |
|
|
— |
|
|
|
— |
|
|
|
(30,512 |
) |
|
|
1,379 |
|
|
|
(29,133 |
) |
Purchased gas costs |
|
|
— |
|
|
|
(4,494 |
) |
|
|
— |
|
|
|
(4,494 |
) |
|
|
4,033 |
|
|
|
(461 |
) |
Depreciation and amortization |
|
|
(22,278 |
) |
|
|
(5,034 |
) |
|
|
(1,990 |
) |
|
|
(29,302 |
) |
|
|
— |
|
|
|
(29,302 |
) |
Interest expense |
|
|
(8,231 |
) |
|
|
(2,263 |
) |
|
|
(801 |
) |
|
|
(11,295 |
) |
|
|
— |
|
|
|
(11,295 |
) |
Other segment items(b) |
|
|
(58,211 |
) |
|
|
(16,247 |
) |
|
|
(37 |
) |
|
|
(74,495 |
) |
|
|
11,766 |
|
|
|
(62,729 |
) |
Income tax (provision) benefit |
|
|
(5,565 |
) |
|
|
1,500 |
|
|
|
(2,495 |
) |
|
|
(6,560 |
) |
|
|
— |
|
|
|
(6,560 |
) |
Net income attributable to noncontrolling interest, net of tax |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(5,764 |
) |
|
|
(5,764 |
) |
Net income (loss) attributable to MGE |
|
|
47,922 |
|
|
|
(3,669 |
) |
|
|
6,664 |
|
|
|
50,917 |
|
|
|
(5,764 |
) |
|
|
45,153 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended September 30, 2025 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating revenues |
|
$ |
155,277 |
|
|
$ |
20,188 |
|
|
$ |
214 |
|
|
$ |
175,679 |
|
|
$ |
— |
|
|
$ |
175,679 |
|
Interdepartmental revenues |
|
|
(98 |
) |
|
|
6,393 |
|
|
|
11,249 |
|
|
|
17,544 |
|
|
|
(17,544 |
) |
|
|
— |
|
Total operating revenues |
|
|
155,179 |
|
|
|
26,581 |
|
|
|
11,463 |
|
|
|
193,223 |
|
|
|
(17,544 |
) |
|
|
175,679 |
|
Fuel and purchased power |
|
|
(27,878 |
) |
|
|
— |
|
|
|
— |
|
|
|
(27,878 |
) |
|
|
1,400 |
|
|
|
(26,478 |
) |
Purchased gas costs |
|
|
— |
|
|
|
(9,868 |
) |
|
|
— |
|
|
|
(9,868 |
) |
|
|
5,003 |
|
|
|
(4,865 |
) |
Depreciation and amortization |
|
|
(22,470 |
) |
|
|
(4,396 |
) |
|
|
(1,950 |
) |
|
|
(28,816 |
) |
|
|
— |
|
|
|
(28,816 |
) |
Interest expense |
|
|
(6,703 |
) |
|
|
(1,836 |
) |
|
|
(873 |
) |
|
|
(9,412 |
) |
|
|
— |
|
|
|
(9,412 |
) |
Other segment items(b) |
|
|
(56,785 |
) |
|
|
(14,439 |
) |
|
|
(30 |
) |
|
|
(71,254 |
) |
|
|
11,141 |
|
|
|
(60,113 |
) |
Income tax (provision) benefit |
|
|
(5,039 |
) |
|
|
1,148 |
|
|
|
(2,345 |
) |
|
|
(6,236 |
) |
|
|
— |
|
|
|
(6,236 |
) |
Net income attributable to noncontrolling interest, net of tax |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(5,668 |
) |
|
|
(5,668 |
) |
Net income (loss) attributable to MGE |
|
|
36,304 |
|
|
|
(2,810 |
) |
|
|
6,265 |
|
|
|
39,759 |
|
|
|
(5,668 |
) |
|
|
34,091 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended September 30, 2026 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating revenues |
|
$ |
435,474 |
|
|
$ |
158,333 |
|
|
$ |
488 |
|
|
$ |
594,295 |
|
|
$ |
— |
|
|
$ |
594,295 |
|
Interdepartmental revenues |
|
|
(13 |
) |
|
|
16,609 |
|
|
|
34,767 |
|
|
|
51,363 |
|
|
|
(51,363 |
) |
|
|
— |
|
Total operating revenues |
|
|
435,461 |
|
|
|
174,942 |
|
|
|
35,255 |
|
|
|
645,658 |
|
|
|
(51,363 |
) |
|
|
594,295 |
|
Fuel and purchased power |
|
|
(74,094 |
) |
|
|
— |
|
|
|
— |
|
|
|
(74,094 |
) |
|
|
3,465 |
|
|
|
(70,629 |
) |
Purchased gas costs |
|
|
— |
|
|
|
(93,750 |
) |
|
|
— |
|
|
|
(93,750 |
) |
|
|
13,181 |
|
|
|
(80,569 |
) |
Depreciation and amortization |
|
|
(65,491 |
) |
|
|
(14,898 |
) |
|
|
(5,941 |
) |
|
|
(86,330 |
) |
|
|
— |
|
|
|
(86,330 |
) |
Interest expense |
|
|
(24,478 |
) |
|
|
(6,736 |
) |
|
|
(2,455 |
) |
|
|
(33,669 |
) |
|
|
— |
|
|
|
(33,669 |
) |
Other segment items(b) |
|
|
(171,362 |
) |
|
|
(47,224 |
) |
|
|
(118 |
) |
|
|
(218,704 |
) |
|
|
34,717 |
|
|
|
(183,987 |
) |
Income tax provision |
|
|
(3,821 |
) |
|
|
(3,164 |
) |
|
|
(7,284 |
) |
|
|
(14,269 |
) |
|
|
— |
|
|
|
(14,269 |
) |
Net income attributable to noncontrolling interest, net of tax |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(17,099 |
) |
|
|
(17,099 |
) |
Net income (loss) attributable to MGE |
|
|
96,215 |
|
|
|
9,170 |
|
|
|
19,457 |
|
|
|
124,842 |
|
|
|
(17,099 |
) |
|
|
107,743 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended September 30, 2025 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating revenues |
|
$ |
410,044 |
|
|
$ |
143,594 |
|
|
$ |
463 |
|
|
$ |
554,101 |
|
|
$ |
— |
|
|
$ |
554,101 |
|
Interdepartmental revenues |
|
|
(174 |
) |
|
|
15,423 |
|
|
|
33,474 |
|
|
|
48,723 |
|
|
|
(48,723 |
) |
|
|
— |
|
Total operating revenues |
|
|
409,870 |
|
|
|
159,017 |
|
|
|
33,937 |
|
|
|
602,824 |
|
|
|
(48,723 |
) |
|
|
554,101 |
|
Fuel and purchased power |
|
|
(73,508 |
) |
|
|
— |
|
|
|
— |
|
|
|
(73,508 |
) |
|
|
3,229 |
|
|
|
(70,279 |
) |
Purchased gas costs |
|
|
— |
|
|
|
(82,369 |
) |
|
|
— |
|
|
|
(82,369 |
) |
|
|
12,227 |
|
|
|
(70,142 |
) |
Depreciation and amortization |
|
|
(66,099 |
) |
|
|
(12,975 |
) |
|
|
(5,774 |
) |
|
|
(84,848 |
) |
|
|
— |
|
|
|
(84,848 |
) |
Interest expense |
|
|
(19,681 |
) |
|
|
(5,367 |
) |
|
|
(2,668 |
) |
|
|
(27,716 |
) |
|
|
— |
|
|
|
(27,716 |
) |
Other segment items(b) |
|
|
(170,894 |
) |
|
|
(45,550 |
) |
|
|
(97 |
) |
|
|
(216,541 |
) |
|
|
33,267 |
|
|
|
(183,274 |
) |
Income tax provision |
|
|
(3,609 |
) |
|
|
(3,278 |
) |
|
|
(6,918 |
) |
|
|
(13,805 |
) |
|
|
— |
|
|
|
(13,805 |
) |
Net income attributable to noncontrolling interest, net of tax |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(16,981 |
) |
|
|
(16,981 |
) |
Net income (loss) attributable to MGE |
|
|
76,079 |
|
|
|
9,478 |
|
|
|
18,480 |
|
|
|
104,037 |
|
|
|
(16,981 |
) |
|
|
87,056 |
|
(b)Other segment items include AFUDC Income, Other Income, Net, Other Operations and Maintenance, Other General Taxes, and Interest Revenue. The following tables show segment information for MGE Energy's and MGE's capital expenditures:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Utility |
|
|
Consolidated |
|
(In thousands)
MGE Energy |
|
Electric |
|
|
Gas |
|
|
Non-regulated Energy |
|
|
Transmission Investment |
|
|
All Others |
|
|
Consolidation/ Elimination Entries |
|
|
Total |
|
Nine Months Ended September 30, 2026 |
|
$ |
241,768 |
|
|
$ |
41,183 |
|
|
$ |
9,271 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
292,222 |
|
Nine Months Ended September 30, 2025 |
|
|
210,095 |
|
|
|
36,396 |
|
|
|
9,131 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
255,622 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Utility |
|
|
Consolidated |
|
(In thousands)
MGE |
|
Electric |
|
|
Gas |
|
|
Non-regulated Energy |
|
|
Consolidation/ Elimination Entries |
|
|
Total |
|
Nine Months Ended September 30, 2026 |
|
$ |
241,768 |
|
|
$ |
41,183 |
|
|
$ |
9,271 |
|
|
$ |
— |
|
|
$ |
292,222 |
|
Nine Months Ended September 30, 2025 |
|
|
210,095 |
|
|
|
36,396 |
|
|
|
9,131 |
|
|
|
— |
|
|
|
255,622 |
|
|