XML 34 R20.htm IDEA: XBRL DOCUMENT v3.22.1
Joint Plant Ownership
3 Months Ended
Mar. 31, 2022
Public Utilities, Property, Plant and Equipment [Abstract]  
Jointly Owned Electric Utility Plant
12.
Joint Plant Construction Project Ownership - MGE Energy and MGE

 

MGE currently has ongoing jointly-owned solar generation construction projects, as shown in the following table. Incurred costs are reflected in "Construction work in progress" on the consolidated balance sheets.

 

 

 

Ownership

 

Share of

 

Share of

 

Costs incurred
as of March 31,

 

Estimated Date of
Commercial

Project

 

Interest

 

Generation

 

Estimated Costs(a)

 

2022(a)

 

Operation

Red Barn(b)

 

10%

 

9.16 MW

 

$18 million

 

$0.6 million

 

December 2022

Badger Hollow II(c)

 

33%

 

50 MW

 

$65 million

 

$23.8 million(d)

 

First Half of 2023

 

(a)
Excluding AFUDC.
(b)
The Red Barn Wind Farm is located in the Towns of Wingville and Clifton in Grant County, Wisconsin.
(c)
The Badger Hollow II solar farm is located in southwestern Wisconsin in Iowa County, near the villages of Montfort and Cobb.
(d)
Includes an allocation of common facilities at Badger Hollow placed in service in November 2021.

 

MGE received specific approval to recover 100% AFUDC on Badger Hollow II. During the three months ended March 31, 2022 and 2021, MGE recognized $0.4 million and $0.1 million, respectively, after tax, in AFUDC for Badger Hollow II.