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Derivative and Hedging Instruments (Details-1)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2025
USD ($)
Dth1
MWh
MW
Dec. 31, 2024
USD ($)
Dth1
MWh
MW
Derivative fair values [Abstract]    
Collateral posted against derivative positions $ 2,000  
Derivative, right to reclaim collateral   $ 100
Commodity Contracts And Financial Transimission Rights [Member]    
Derivative fair values [Abstract]    
Derivative, Fair Value, Net $ 1,900 $ 100
Commodity Contract [Member]    
Gross Notional Volume of Open Derivatives [Abstract]    
Notional amount, energy measures (in MWh) | MWh 320,880 307,640
Notional amount, decatherm measure (in Dth) | Dth1 2,642,500 6,285,000
Derivative fair values [Abstract]    
Derivative Asset, Fair Value, Gross Asset $ 2,297 $ 1,213
Derivative Liability, Fair Value, Gross Liability 304 1,261
Collateral posted against derivative positions 0 0
Derivative, right to reclaim collateral (1,993) 48
Commodity Contract [Member] | Other Current Assets/Liabilities    
Derivative fair values [Abstract]    
Derivative Asset, Fair Value, Gross Asset [1] 1,995  
Derivative Liability, Fair Value, Gross Liability [1] 261  
Commodity Contract [Member] | Other Deferred Charges [Member]    
Derivative fair values [Abstract]    
Derivative Asset, Fair Value, Gross Asset [1] 302  
Derivative Liability, Fair Value, Gross Liability [1] 43  
Commodity Contract [Member] | Other Current Liabilities [Member]    
Derivative fair values [Abstract]    
Derivative Asset, Fair Value, Gross Asset [1]   927
Derivative Liability, Fair Value, Gross Liability [1]   1,121
Commodity Contract [Member] | Other Deferred Liabilities and Other [Member]    
Derivative fair values [Abstract]    
Derivative Asset, Fair Value, Gross Asset [1]   286
Derivative Liability, Fair Value, Gross Liability [1]   140
Commodity Contract [Member] | Cash Flow Hedging [Member]    
Derivative fair values [Abstract]    
Derivative, right to reclaim collateral (receivable)   $ 100
Collateral posted against derivative positions $ 2,000  
Energy Related Commodity Contract [Member] | Cash Flow Hedging [Member]    
Derivatives, Fair Value [Line Items]    
Maximum term of derivative hedging contract 4 years  
Financial Transmission Rights [Member]    
Gross Notional Volume of Open Derivatives [Abstract]    
Notional amount, power measure (in MW) | MW 787 2,131
Derivative fair values [Abstract]    
Derivative Asset, Fair Value, Gross Asset   $ 108
Derivative Liability, Fair Value, Gross Liability $ 133  
Collateral posted against derivative positions   0
Derivative, right to reclaim collateral 133  
Financial Transmission Rights [Member] | Other Current Assets/Liabilities    
Derivative fair values [Abstract]    
Derivative Asset, Fair Value, Gross Asset   108
Derivative Liability, Fair Value, Gross Liability   $ 0
Financial Transmission Rights [Member] | Other Current Liabilities [Member]    
Derivative fair values [Abstract]    
Derivative Asset, Fair Value, Gross Asset 0  
Derivative Liability, Fair Value, Gross Liability $ 133  
[1] As of March 31, 2025, MGE received collateral of $2.0 million from counterparties under a master netting agreement for outstanding exchange traded derivative positions on the consolidated balance sheets. As of December 31, 2024, collateral of less than $0.1 million was posted against and netted with derivative liability positions. The fair value of the derivatives disclosed in this table has not been adjusted for the collateral posted.