(In thousands)
MGE Energy

Electric

Gas

Non-Regulated Energy

Transmission Investment

All Others

Consolidation/
Elimination

Consolidated Total

Three Months Ended June 30, 2022

Operating revenues

$

111,950

$

40,184

$

214

$

—

$

—

$

—

$

152,348

Interdepartmental revenues

(66

)

8,058

10,353

—

—

(18,345

)

—

Total operating revenues

111,884

48,242

10,567

—

—

(18,345

)

152,348

Equity in earnings of investments

—

—

—

2,623

—

—

2,623

Net income

13,012

1,093

5,522

1,908

226

—

21,761

Three Months Ended June 30, 2021

Operating revenues

$

101,862

$

28,654

$

214

$

—

$

—

$

—

$

130,730

Interdepartmental revenues

(46

)

2,877

10,197

—

—

(13,028

)

—

Total operating revenues

101,816

31,531

10,411

—

—

(13,028

)

130,730

Equity in earnings of investments

—

—

—

2,464

—

—

2,464

Net income

14,122

1,277

5,355

1,793

304

—

22,851

Six Months Ended June 30, 2022

Operating revenues

$

222,039

$

138,995

$

252

$

—

$

—

$

—

$

361,286

Interdepartmental revenues

52

14,179

20,668

—

—

(34,899

)

—

Total operating revenues

222,091

153,174

20,920

—

—

(34,899

)

361,286

Equity in earnings of investments

—

—

—

5,127

—

—

5,127

Net income

27,629

13,177

10,874

3,730

771

—

56,181

Six Months Ended June 30, 2021

Operating revenues

$

202,471

$

95,924

$

250

$

—

$

—

$

—

$

298,645

Interdepartmental revenues

227

7,688

20,371

—

—

(28,286

)

—

Total operating revenues

202,698

103,612

20,621

—

—

(28,286

)

298,645

Equity in earnings of investments

—

—

—

4,908

—

—

4,908

Net income (loss)

32,146

11,833

10,549

3,571

(315

)

—

57,784