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MGE Energy Inc Consolidated Statements of Common Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Beginning balance, shares at Dec. 31, 2023   36,163,000      
Beginning balance, value at Dec. 31, 2023 $ 1,140,073 $ 36,163 $ 396,750 $ 707,160 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net Income (Loss) 33,814     33,814  
Common stock dividends declared (15,460)     (15,460)  
Equity-based compensation plans and other - Shares   13,000      
Issuance of common stock, net 0        
Equity-based compensation plans and other 356 $ 13 343    
Ending balance, shares at Mar. 31, 2024   36,176,000      
Ending balance, value at Mar. 31, 2024 1,158,783 $ 36,176 397,093 725,514 0
Beginning balance, shares at Dec. 31, 2024   36,490,000      
Beginning balance, value at Dec. 31, 2024 1,230,138 $ 36,490 429,515 764,133 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net Income (Loss) 41,592     41,592  
Common stock dividends declared $ (16,428)     (16,428)  
Stock Issued During Period, Shares, Dividend Reinvestment Plan 35,774 36,000      
Stock Issued During Period, Value, Dividend Reinvestment Plan $ 3,279 $ 36 3,243    
Equity-based compensation plans and other - Shares   11,000      
Issuance of common stock, net 3,279        
Equity-based compensation plans and other 332 $ 11 321    
Ending balance, shares at Mar. 31, 2025   36,537,000      
Ending balance, value at Mar. 31, 2025 $ 1,258,913 $ 36,537 $ 433,079 $ 789,297 $ 0