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Derivative and Hedging Instruments (Details-2) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Offsetting Assets [Line Items]    
Collateral posted against derivative positions $ (2,000)  
Commodity Contract [Member]    
Offsetting Assets [Line Items]    
Derivative Asset, Fair Value, Gross Asset 2,297 $ 1,213
Gross amounts offset in balance sheet (2,297) (1,213)
Collateral posted against derivative positions 0 0
Net amount presented in balance sheet 0 0
Commodity Contract [Member] | Other Current Assets [Member]    
Offsetting Assets [Line Items]    
Derivative Asset, Fair Value, Gross Asset [1] $ 1,995  
Derivative Asset, Statement of Financial Position [Extensible Enumeration] Other Assets, Current  
Commodity Contract [Member] | Other Noncurrent Assets [Member]    
Offsetting Assets [Line Items]    
Derivative Asset, Fair Value, Gross Asset [1] $ 302  
Derivative Asset, Statement of Financial Position [Extensible Enumeration] Other Assets, Noncurrent  
Financial Transmission Rights [Member]    
Offsetting Assets [Line Items]    
Derivative Asset, Fair Value, Gross Asset   108
Gross amounts offset in balance sheet   0
Collateral posted against derivative positions   0
Net amount presented in balance sheet   $ 108
Derivative Asset, Statement of Financial Position [Extensible Enumeration]   Other Assets, Current
Financial Transmission Rights [Member] | Other Current Assets [Member]    
Offsetting Assets [Line Items]    
Derivative Asset, Fair Value, Gross Asset   $ 108
[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.