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Equity and Financing Arrangements	6 Months Ended
Jun. 30, 2011
Equity and Financing Arrangements Disclosure [Abstract]
Equity and Financing Arrangements	2. Equity and Financing Arrangements. a. Common Stock - MGE Energy. MGE Energy purchases stock in the open market for issuance pursuant to its Stock Plan. All MGE Energy common stock issued under the Stock Plan is sold pursuant to a registration statement that has been filed with the SEC and is currently effective. MGE Energy can issue new shares of its common stock through the Stock Plan. For both the six months ended June 30, 2011 and 2010, MGE Energy did not issue any new shares of common stock under the Stock Plan. b. Dilutive Shares Calculation - MGE Energy. MGE Energy does not hold any dilutive securities. c. Secured Debt - MGE Energy and MGE. On February 28, 2011, MGE Power Elm Road issued $30 million of 4.74% senior secured notes due February 25, 2041. MGE Power Elm Road distributed the net proceeds from the sale of notes to MGE Energy, which used that distribution to repay existing short-term indebtedness, consisting of bank loans, which were used to finance a portion of the construction of the Elm Road Units. The notes provide for monthly principal and interest payments, which commenced on March 25, 2011, and continue until maturity. The principal payments are level over the life of the notes. The Note Purchase Agreement requires MGE Power Elm Road to maintain a debt service coverage ratio at the end of any calendar quarter of not less than 1.25 to 1.00 for the trailing 12-month period. The debt is secured by a collateral assignment of lease payments that MGE is making to MGE Power Elm Road for use of the Elm Road Units pursuant to long-term leases. As of June 30, 2011, MGE Power Elm Road is in compliance with the covenant requirements.

Equity and Financing Arrangements

6 Months Ended

Jun. 30, 2011

Equity and Financing Arrangements Disclosure [Abstract]

2. Equity and Financing Arrangements.

a. Common Stock - MGE Energy.

MGE Energy purchases stock in the open market for issuance pursuant to its Stock Plan. All MGE Energy common stock issued under the Stock Plan is sold pursuant to a registration statement that has been filed with the SEC and is currently effective.

MGE Energy can issue new shares of its common stock through the Stock Plan. For both the six months ended June 30, 2011 and 2010, MGE Energy did not issue any new shares of common stock under the Stock Plan.

b. Dilutive Shares Calculation - MGE Energy.

MGE Energy does not hold any dilutive securities.

c. Secured Debt - MGE Energy and MGE.

On February 28, 2011, MGE Power Elm Road issued $30 million of 4.74% senior secured notes due February 25, 2041. MGE Power Elm Road distributed the net proceeds from the sale of notes to MGE Energy, which used that distribution to repay existing short-term indebtedness, consisting of bank loans, which were used to finance a portion of the construction of the Elm Road Units. The notes provide for monthly principal and interest payments, which commenced on March 25, 2011, and continue until maturity. The principal payments are level over the life of the notes. The Note Purchase Agreement requires MGE Power Elm Road to maintain a debt service coverage ratio at the end of any calendar quarter of not less than 1.25 to 1.00 for the trailing 12-month period. The debt is secured by a collateral assignment of lease payments that MGE is making to MGE Power Elm Road for use of the Elm Road Units pursuant to long-term leases. As of June 30, 2011, MGE Power Elm Road is in compliance with the covenant requirements.