Summary of Significant Accounting Principles (Tables)

3 Months Ended

Mar. 31, 2025

Cash, Cash Equivalents, And Restricted Cash [Abstract]

Cash, Cash Equivalents, and Restricted Cash

The following table presents the components of total cash, cash equivalents, and restricted cash on the consolidated balance sheets.

	MGE Energy				MGE
	March 31,		December 31,		March 31,		December 31,
(In thousands)	2025		2024		2025		2024
Cash and cash equivalents	$	35,307	$	21,302	$	25,154	$	16,865
Restricted cash		659		1,113		659		1,113
Receivable - margin account		693		2,081		693		2,081
Cash, cash equivalents, and restricted cash	$	36,659	$	24,496	$	26,506	$	20,059