XML 59 R42.htm IDEA: XBRL DOCUMENT v3.24.3
EQUITY INVESTMENTS - Narrative (Details)
$ in Millions
9 Months Ended
Oct. 17, 2024
Sep. 30, 2024
USD ($)
MW
Wind Turbine Generators | Tenaska | Tenaska PPA | Minnesota Power    
Investments In ATC [Roll Forward]    
Generating capacity counterparty owned (MegaWatt) | MW   250
Long-term contract for purchase of electric power   20 years
ATC    
Investments In ATC [Roll Forward]    
Ownership percentage   8.00%
Authorized return on equity   10.02%
Authorized return on equity, including incentive adder   10.52%
Basis point incentive adder   0.50%
Approximate annual reduction in pretax income for FERC proposal to limit incentive adder, Allete's proportionate share | $   $ 1
ATC | Subsequent Event    
Investments In ATC [Roll Forward]    
Authorized return on equity 9.98%  
Authorized return on equity, including incentive adder 10.48%  
Nobles 2    
Investments In ATC [Roll Forward]    
Ownership percentage   49.00%