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Fair Value of Financial Instruments (Details-5) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Fair Value Disclosures [Abstract]        
Total gains (losses) included in earnings attributed to the change in unrealized gains (losses) related to assets and liabilities [1] $ 0 $ 0 $ 0 $ 0
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Included in earnings [1] 6,609 2,476 13,607 2,686
Purchased Power Expense [Member]        
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Included in earnings 6,644 2,476 13,805 3,113
Cost Of Gas Sold Expense [Member]        
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]        
Included in earnings $ (35) $ 0 $ (198) $ (427)
[1] MGE's exchange-traded derivative contracts, over-the-counter party transactions, purchased power agreement, and FTRs are subject to regulatory deferral. These derivatives are therefore marked to fair value and are offset in the financial statements with a corresponding regulatory asset or liability.