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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Dec. 31, 2018
Current Assets:      
Cash and cash equivalents $ 51,642 $ 23,481  
Accounts receivable, less reserves 33,879 40,482  
Other accounts receivables, less reserves 7,658 7,940  
Unbilled revenues 23,118 25,899  
Materials and supplies, at average cost 31,076 26,287  
Fuel for electric generation, at average cost 8,008 8,358  
Stored natural gas, at average cost 6,998 10,637  
Prepaid taxes 14,887 16,892  
Regulatory assets - current 10,475 11,432  
Other current assets 30,009 10,233  
Total Current Assets 217,750 181,641  
Other long-term receivables 1,673 1,811  
Regulatory assets 129,775 134,314  
Pension benefit asset 19,109 13,630  
Other deferred assets and other 17,555 19,093  
Property, Plant, and Equipment:      
Property, plant, and equipment, net 1,524,617 1,530,199  
Construction work in progress 161,542 112,484  
Total Property, Plant, and Equipment 1,686,159 1,642,683  
Investments 91,698 88,492  
Total Assets 2,163,719 2,081,664  
Current Liabilities:      
Long-term debt due within one year 19,714 19,659  
Accounts payable 40,701 55,161  
Accrued interest and taxes 8,696 7,244  
Accrued payroll related items 11,688 12,752  
Regulatory liabilities - current 8,121 9,228  
Derivative liabilities 10,430 10,100  
Other current liabilities 10,273 14,676  
Total Current Liabilities 109,623 128,820  
Other Credits:      
Deferred income taxes 251,050 243,302  
Investment tax credit - deferred 721 763  
Regulatory liabilities 166,469 164,965  
Accrued pension and other postretirement benefits 68,550 68,665  
Derivative liabilities 9,950 15,340  
Finance lease liabilities 17,725 17,379  
Other deferred liabilities and other 63,004 63,013  
Total Other Credits 577,469 573,427  
Capitalization:      
Common shareholders equity 955,171 855,676 $ 816,644
Long-term debt 521,456 523,741  
Total Capitalization 1,476,627 1,379,417  
Commitments and contingencies (see Footnote 8)  
Total Liabilities and Capitalization 2,163,719 2,081,664  
MGE [Member]      
Current Assets:      
Cash and cash equivalents 18,002 3,196  
Accounts receivable, less reserves 33,879 40,482  
Affiliate receivables 787 530  
Other accounts receivables, less reserves 7,644 7,936  
Unbilled revenues 23,118 25,899  
Materials and supplies, at average cost 31,076 26,287  
Fuel for electric generation, at average cost 8,008 8,358  
Stored natural gas, at average cost 6,998 10,637  
Prepaid taxes 15,591 15,463  
Regulatory assets - current 10,475 11,432  
Other current assets 9,934 10,065  
Total Current Assets 165,512 160,285  
Affiliate receivable long-term 2,383 2,648  
Regulatory assets 129,775 134,314  
Pension benefit asset 19,109 13,630  
Other deferred assets and other 18,040 19,680  
Property, Plant, and Equipment:      
Property, plant, and equipment, net 1,524,645 1,530,227  
Construction work in progress 161,542 112,484  
Total Property, Plant, and Equipment 1,686,187 1,642,711  
Investments 213 209  
Total Assets 2,021,219 1,973,477  
Current Liabilities:      
Long-term debt due within one year 19,714 19,659  
Accounts payable 40,563 54,845  
Accrued interest and taxes 11,791 8,754  
Accrued payroll related items 11,688 12,752  
Regulatory liabilities - current 8,121 9,228  
Derivative liabilities 10,430 10,100  
Other current liabilities 10,273 12,683  
Total Current Liabilities 112,580 128,021  
Other Credits:      
Deferred income taxes 220,734 214,041  
Investment tax credit - deferred 721 763  
Regulatory liabilities 166,469 164,965  
Accrued pension and other postretirement benefits 68,550 68,665  
Derivative liabilities 9,950 15,340  
Finance lease liabilities 17,725 17,379  
Other deferred liabilities and other 62,987 62,973  
Total Other Credits 547,136 544,126  
Capitalization:      
Common shareholders equity 696,983 637,286  
Noncontrolling interest 143,064 140,303  
Total Equity 840,047 777,589 689,810
Long-term debt 521,456 523,741  
Total Capitalization 1,361,503 1,301,330  
Commitments and contingencies (see Footnote 8)  
Total Liabilities and Capitalization $ 2,021,219 $ 1,973,477