(In thousands)
MGE Energy

Electric

Gas

Non-Regulated Energy

Transmission Investment

All Others

Consolidation/
Elimination

Consolidated Total

Three Months Ended September 30, 2022

Operating revenues

$

132,876

$

30,310

$

214

$

—

$

—

$

—

$

163,400

Interdepartmental revenues

24

12,465

10,405

—

—

(22,894

)

—

Total operating revenues

132,900

42,775

10,619

—

—

(22,894

)

163,400

Equity in earnings of investments

—

—

—

1,499

—

—

1,499

Net income (loss)

27,619

(394

)

5,576

1,091

(172

)

—

33,720

Three Months Ended September 30, 2021

Operating revenues

$

121,639

$

24,020

$

214

$

—

$

—

$

—

$

145,873

Interdepartmental revenues

89

6,689

10,224

—

—

(17,002

)

—

Total operating revenues

121,728

30,709

10,438

—

—

(17,002

)

145,873

Equity in earnings of investments

—

—

—

2,532

—

—

2,532

Net income (loss)

27,833

(218

)

5,386

1,842

74

—

34,917

Nine Months Ended September 30, 2022

Operating revenues

$

354,915

$

169,305

$

466

$

—

$

—

$

—

$

524,686

Interdepartmental revenues

76

26,645

31,073

—

—

(57,794

)

—

Total operating revenues

354,991

195,950

31,539

—

—

(57,794

)

524,686

Equity in earnings of investments

—

—

—

6,626

—

—

6,626

Net income

55,248

12,782

16,451

4,821

599

—

89,901

Nine Months Ended September 30, 2021

Operating revenues

$

324,110

$

119,944

$

464

$

—

$

—

$

—

$

444,518

Interdepartmental revenues

316

14,377

30,595

—

—

(45,288

)

—

Total operating revenues

324,426

134,321

31,059

—

—

(45,288

)

444,518

Equity in earnings of investments

—

—

—

7,440

—

—

7,440

Net income (loss)

59,979

11,615

15,935

5,413

(241

)

—

92,701