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Noncontrolling Interest
 12 Months Ended
Dec. 31, 2023
MGE [Member]  
Noncontrolling Interest [Line Items]  
Noncontrolling Interest Disclosure [Text Block] Noncontrolling Interest - MGE.

 

The noncontrolling interest on MGE's consolidated balance sheets as of December 31:

 

(In thousands)

 

2023

 

 

2022

 

MGE Power Elm Road(a)

 

$

103,751

 

 

$

103,333

 

MGE Power West Campus(a)

 

 

45,780

 

 

 

44,830

 

Total Noncontrolling Interest

 

$

149,531

 

 

$

148,163

 

 

The net income attributable to noncontrolling interest, net of tax, was as follows for the years ended December 31:

 

(In thousands)

 

2023

 

 

2022

 

 

2021

 

MGE Power Elm Road(a)

 

$

14,668

 

 

$

14,326

 

 

$

15,151

 

MGE Power West Campus(a)

 

 

7,200

 

 

 

7,250

 

 

 

7,240

 

Net Income Attributable to Noncontrolling Interest, Net of Tax

 

$

21,868

 

 

$

21,576

 

 

$

22,391

 

 

(a)
MGE Power Elm Road and MGE Power West Campus are not subsidiaries of MGE; however, they have been consolidated in the consolidated financial statements of MGE (see Footnote 3). MGE Power Elm Road and MGE Power West Campus are 100% owned by MGE Power, and MGE Power is 100% owned by MGE Energy. MGE Energy's proportionate share of the equity and net income (through its wholly owned subsidiary MGE Power) of MGE Power Elm Road and MGE Power West Campus is classified within the MGE consolidated financial statements as noncontrolling interest.