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Property Plant and Equipment Property Plant and Equipment
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure
Major classes of property, plant and equipment
(Millions of Dollars)Dec. 31, 2024Dec. 31, 2023
Property, plant and equipment, net
Electric plant$4,103 $3,845 
Natural gas plant547 502 
Common and other property309 278 
CWIP406 252 
Total property, plant and equipment5,365 4,877 
Less accumulated depreciation(1,695)(1,640)
Property, plant and equipment, net$3,670 $3,237 
Joint Ownership of Transmission Facilities
Jointly owned assets as of Dec. 31, 2024:
(Millions of Dollars, Except Percent Owned)Plant in ServiceAccumulated DepreciationPercent Owned
Electric transmission:
La Crosse, WI to Madison, WI$179 $30 37 %
CapX2020169 44 80 
Total (a)
$348 $74 
(a)Projects additionally include $1 million in CWIP.
NSP-Wisconsin’s separately records its share of operating expenses and construction expenditures. Respective owners are responsible for providing their own financing.