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MGE Energy Inc Consolidated Statements of Common Equity - USD ($)
$ in Thousands
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive (Loss)/ Income [Member]
Beginning balance, shares at Dec. 31, 2022   36,163,000      
Beginning balance, value at Dec. 31, 2022 $ 1,081,674 $ 36,163 $ 395,657 $ 649,854 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net Income 117,699     117,699  
Common stock dividends declared (60,393)     (60,393)  
Equity-based compensation plans and other 1,093   1,093    
Ending balance, shares at Dec. 31, 2023   36,163,000      
Ending balance, value at Dec. 31, 2023 1,140,073 $ 36,163 396,750 707,160 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net Income 120,569     120,569  
Common stock dividends declared (63,596)     (63,596)  
Stock Issued During Period, Shares, Dividend Reinvestment Plan   314,000      
Stock Issued During Period, Value, Dividend Reinvestment Plan 31,700 $ 314 31,386    
Equity-based compensation plans and other - Shares   13,000      
Equity-based compensation plans and other 1,392 $ 13 1,379    
Ending balance, shares at Dec. 31, 2024   36,490,000      
Ending balance, value at Dec. 31, 2024 1,230,138 $ 36,490 429,515 764,133 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net Income 135,889     135,889  
Common stock dividends declared $ (67,587)     (67,587)  
Stock Issued During Period, Shares, Dividend Reinvestment Plan 41,000 41,000      
Stock Issued During Period, Value, Dividend Reinvestment Plan $ 3,750 $ 41 3,709    
Equity-based compensation plans and other - Shares   11,000      
Equity-based compensation plans and other 1,746 $ 11 1,735    
Ending balance, shares at Dec. 31, 2025   36,542,000      
Ending balance, value at Dec. 31, 2025 $ 1,303,936 $ 36,542 $ 434,959 $ 832,435 $ 0