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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 10,615 $ 17,438
Accounts receivable, less reserves 44,460 46,205
Other accounts receivables, less reserves 13,863 16,094
Unbilled revenues 22,975 34,812
Materials and supplies, at average cost 32,208 29,863
Fuel for electric generation, at average cost 7,021 6,429
Stored natural gas, at average cost 36,167 15,668
Prepaid taxes 13,106 20,214
Regulatory assets - current 3,685 1,465
Other current assets 15,747 11,183
Total Current Assets 199,847 199,371
Other long-term receivables 574 1,155
Regulatory assets 110,807 107,547
Pension benefit asset 71,104 58,757
Other deferred assets and other 24,888 27,548
Property, Plant, and Equipment:    
Property, plant, and equipment, net 1,848,053 1,828,171
Construction work in progress 106,451 50,603
Total Property, Plant, and Equipment 1,954,504 1,878,774
Investments 103,962 98,754
Total Assets 2,465,686 2,371,906
Current Liabilities:    
Long-term debt due within one year 54,282 4,889
Short-term debt 40,000 5,500
Accounts payable 60,227 64,149
Accrued interest and taxes 7,819 10,385
Accrued payroll related items 10,464 12,951
Regulatory liabilities - current 14,611 9,365
Derivative liabilities 0 2,140
Other current liabilities 7,390 8,468
Total Current Liabilities 194,793 117,847
Other Credits:    
Deferred income taxes 245,584 231,149
Investment tax credit - deferred 49,242 44,836
Regulatory liabilities 155,260 154,298
Accrued pension and other postretirement benefits 72,001 73,085
Finance lease liabilities 17,189 17,322
Other deferred liabilities and other 94,851 91,690
Total Other Credits 634,127 612,380
Capitalization:    
Common shareholders equity 1,075,200 1,027,468
Long-term debt 561,566 614,211
Total Capitalization 1,636,766 1,641,679
Commitments and contingencies (see Footnote 8)
Total Liabilities and Capitalization 2,465,686 2,371,906
MGE [Member]    
Current Assets:    
Cash and cash equivalents 4,475 6,401
Accounts receivable, less reserves 44,460 46,205
Affiliate receivables 542 558
Other accounts receivables, less reserves 13,862 16,092
Unbilled revenues 22,975 34,812
Materials and supplies, at average cost 32,208 29,863
Fuel for electric generation, at average cost 7,021 6,429
Stored natural gas, at average cost 36,167 15,668
Prepaid taxes 13,488 19,379
Regulatory assets - current 3,685 1,465
Other current assets 15,679 11,071
Total Current Assets 194,562 187,943
Affiliate receivable long-term 1,191 1,589
Regulatory assets 110,807 107,547
Pension benefit asset 71,104 58,757
Other deferred assets and other 24,995 27,907
Property, Plant, and Equipment:    
Property, plant, and equipment, net 1,848,081 1,828,199
Construction work in progress 106,451 50,603
Total Property, Plant, and Equipment 1,954,532 1,878,802
Investments 99 230
Total Assets 2,357,290 2,262,775
Current Liabilities:    
Long-term debt due within one year 54,282 4,889
Short-term debt 40,000 5,500
Accounts payable 60,206 64,130
Accrued interest and taxes 7,774 10,649
Accrued payroll related items 10,464 12,951
Regulatory liabilities - current 14,611 9,365
Derivative liabilities 0 2,140
Other current liabilities 7,389 5,968
Total Current Liabilities 194,726 115,592
Other Credits:    
Deferred income taxes 213,005 198,885
Investment tax credit - deferred 49,242 44,836
Regulatory liabilities 155,260 154,298
Accrued pension and other postretirement benefits 72,001 73,085
Finance lease liabilities 17,189 17,322
Other deferred liabilities and other 95,926 92,152
Total Other Credits 602,623 580,578
Capitalization:    
Common shareholders equity 851,341 803,807
Noncontrolling interest 147,034 148,587
Total Equity 998,375 952,394
Long-term debt 561,566 614,211
Total Capitalization 1,559,941 1,566,605
Commitments and contingencies (see Footnote 8)
Total Liabilities and Capitalization $ 2,357,290 $ 2,262,775