Description of Business, Basis of Presentation, Significant Accounting Policies, and Recent Accounting Pronouncements (Tables)

12 Months Ended

Dec. 31, 2025

Accounting Policies [Abstract]

Schedule of Utility Plant

Depreciation of utility plant is computed based on the estimated useful lives as follows:

	Useful Lives
Equipment	3 to 30 years
Office buildings and other structures	30 years
Transmission and distribution plant	10 to 50 years

Utility plant consisted of the following:

(in thousands)	December 31, 2025		December 31, 2024
Transmission and distribution plant	$	364,270	$	321,075
Equipment	102,700		67,917
Office buildings and other structures	88,529		67,313
Construction work-in-progress	48,801		54,388
Intangible plant	3,569		2,365
Land	2,897		2,300
Total utility plant	$	610,766	$	515,358

Schedule of Restricted Cash Balance

The following table summarizes the restricted cash balance:

(in thousands)	December 31, 2025		December 31, 2024
HUF funds	$	591	$	870
Certificates of deposit	2,164		1,239
	$	2,755	$	2,109