Summary of Significant Accounting Principles (Tables)

6 Months Ended

Jun. 30, 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
	June 30,		December 31,		June 30,		December 31,
(In thousands)	2025		2024		2025		2024
Cash and cash equivalents	$	10,569	$	21,302	$	3,525	$	16,865
Restricted cash		869		1,113		869		1,113
Receivable - margin account		1,698		2,081		1,698		2,081
Cash, cash equivalents, and restricted cash	$	13,136	$	24,496	$	6,092	$	20,059