Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2024

Commitments and Contingencies Disclosure [Abstract]

Contractual Obligation, Fiscal Year Maturity Schedule

The following table shows future commitments related to purchase contracts as of June 30, 2024:

(In thousands)	2024	2025	2026	2027	2028	Thereafter
Natural gas(a)	$22,421	$40,762	$15,492	$2,546	$2,546	$11,224

(a)MGE's natural gas transportation and storage contracts require fixed monthly payments for firm supply pipeline transportation and storage capacity. The pricing components of the fixed monthly payments for the transportation and storage contracts are approved by FERC but may be subject to change. MGE's natural gas supply commitments include market-based pricing.