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Segment Information (Tables)
9 Months Ended
Sep. 30, 2021
Segment Reporting [Abstract]  
Segment Information

 

(In thousands)

 

 

 

 

 

Nonregulated

 

Transmission

 

All

 

Consolidation/

 

Consolidated

MGE Energy

 

Electric

 

Gas

 

Energy

 

Investment

 

Others

 

Elimination

 

Total

Three Months Ended September 30, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating revenues from external
   customers

 

$121,639

 

$24,020

 

$214

 

$—

 

$—

 

$—

 

$145,873

Interdepartmental revenues

 

89

 

6,689

 

10,224

 

—

 

—

 

(17,002)

 

  —

Total operating revenues

 

121,728

 

30,709

 

10,438

 

—

 

—

 

(17,002)

 

145,873

Equity in earnings of investments

 

—

 

—

 

—

 

2,532

 

—

 

—

 

2,532

Net income (loss)

 

27,833

 

(218)

 

5,386

 

1,842

 

74

 

—

 

34,917

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating revenues from external
   customers

 

$116,354

 

$18,643

 

$214

 

$—

 

$—

 

$—

 

$135,211

Interdepartmental revenues

 

209

 

3,494

 

10,102

 

—

 

—

 

(13,805)

 

  —

Total operating revenues

 

116,563

 

22,137

 

10,316

 

—

 

—

 

(13,805)

 

135,211

Equity in earnings of investments

 

—

 

—

 

—

 

2,353

 

—

 

—

 

2,353

Net income (loss)

 

24,761

 

221

 

5,251

 

1,710

 

(149)

 

—

 

31,794

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating revenues from external
   customers

 

$324,110

 

$119,944

 

$464

 

$—

 

$—

 

$—

 

$444,518

Interdepartmental revenues

 

316

 

14,377

 

30,595

 

—

 

—

 

(45,288)

 

  —

Total operating revenues

 

324,426

 

134,321

 

31,059

 

—

 

—

 

(45,288)

 

444,518

Equity in earnings of investments

 

—

 

—

 

—

 

7,440

 

—

 

—

 

7,440

Net income (loss)

 

59,979

 

11,615

 

15,935

 

5,413

 

(241)

 

—

 

92,701

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating revenues from external
   customers

 

$303,090

 

$98,568

 

$466

 

$—

 

$—

 

$—

 

$402,124

Interdepartmental revenues

 

584

 

9,300

 

30,248

 

—

 

—

 

(40,132)

 

  —

Total operating revenues

 

303,674

 

107,868

 

30,714

 

—

 

—

 

(40,132)

 

402,124

Equity in earnings of investments

 

—

 

—

 

—

 

7,780

 

—

 

—

 

7,780

Net income (loss)

 

46,439

 

9,216

 

15,536

 

5,659

 

(228)

 

—

 

76,622

 

(In thousands)

 

 

 

 

 

Nonregulated

 

Consolidation/

 

Consolidated

MGE

 

Electric

 

Gas

 

Energy

 

Elimination

 

Total

Three Months Ended September 30, 2021

 

 

 

 

 

 

 

 

 

 

Operating revenues from external
   customers

 

$121,639

 

$24,020

 

$214

 

$—

 

$145,873

Interdepartmental revenues

 

89

 

6,689

 

10,224

 

(17,002)

 

  —

Total operating revenues

 

121,728

 

30,709

 

10,438

 

(17,002)

 

145,873

Net income (loss) attributable to MGE

 

27,833

 

(218)

 

5,386

 

(5,627)

 

27,374

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 2020

 

 

 

 

 

 

 

 

 

 

Operating revenues from external
   customers

 

$116,354

 

$18,643

 

$214

 

$—

 

$135,211

Interdepartmental revenues

 

209

 

3,494

 

10,102

 

(13,805)

 

  —

Total operating revenues

 

116,563

 

22,137

 

10,316

 

(13,805)

 

135,211

Net income attributable to MGE

 

24,761

 

221

 

5,251

 

(5,493)

 

24,740

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2021

 

 

 

 

 

 

 

 

 

 

Operating revenues from external
   customers

 

$324,110

 

$119,944

 

$464

 

$—

 

$444,518

Interdepartmental revenues

 

316

 

14,377

 

30,595

 

(45,288)

 

  —

Total operating revenues

 

324,426

 

134,321

 

31,059

 

(45,288)

 

444,518

Net income attributable to MGE

 

59,979

 

11,615

 

15,935

 

(16,755)

 

70,774

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2020

 

 

 

 

 

 

 

 

 

 

Operating revenues from external
   customers

 

$303,090

 

$98,568

 

$466

 

$—

 

$402,124

Interdepartmental revenues

 

584

 

9,300

 

30,248

 

(40,132)

 

  —

Total operating revenues

 

303,674

 

107,868

 

30,714

 

(40,132)

 

402,124

Net income attributable to MGE

 

46,439

 

9,216

 

15,536

 

(16,754)

 

54,437