XML 75 R57.htm IDEA: XBRL DOCUMENT v3.24.0.1
Variable Interest Entities (Details) - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Variable Interest Entity [Line Items]    
In-service utility plant, net $ 2,018,121 $ 1,865,352
Construction work in progress 110,091 105,748
Accrued interest and accrued (prepaid) taxes 9,372 7,868
Deferred income taxes 279,029 252,190
Unamortized discount and debt issuance costs 4,579 4,000
MGE Power Elm Road [Member]    
Variable Interest Entity [Line Items]    
In-service utility plant, net 162,210 161,167
Construction work in progress 834 3,410
Other Receivables $ 0 $ 0
Other Receivable, after Allowance for Credit Loss, Related Party, Type [Extensible Enumeration] Affiliated Entity [Member] Affiliated Entity [Member]
Accrued interest and accrued (prepaid) taxes $ 376 $ 51
Deferred income taxes 30,502 30,770
Long-term debt [1] 43,714 46,343
Noncontrolling interest 103,751 103,333
Unamortized discount and debt issuance costs 300 300
MGE Power West Campus [Member]    
Variable Interest Entity [Line Items]    
In-service utility plant, net 75,392 77,280
Construction work in progress 1,533 809
Other Receivables $ 2,550 $ 1,668
Other Receivable, after Allowance for Credit Loss, Related Party, Type [Extensible Enumeration] Affiliated Entity [Member] Affiliated Entity [Member]
Accrued interest and accrued (prepaid) taxes $ (22) $ (8)
Deferred income taxes 15,249 14,986
Long-term debt [1] 31,019 33,354
Noncontrolling interest 45,780 44,830
Unamortized discount and debt issuance costs $ 100 $ 100
[1] MGE Power Elm Road's long-term debt includes debt issuance costs of $0.3 million as of December 31, 2023 and 2022. The debt is secured by a collateral assignment of lease payments that MGE makes to MGE Power Elm Road for use of the Elm Road Units pursuant to the related long-term leases. MGE Power West Campus's long-term debt includes debt issuance costs of $0.1 million as of December 31, 2023 and 2022. The debt is secured by a collateral assignment of lease payments that MGE makes to MGE Power West Campus for use of the cogeneration facility pursuant to the long-term lease. See Footnote 14 for further information on the long-term debt securities.