XML 75 R48.htm IDEA: XBRL DOCUMENT v3.22.4
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]  
Contractual Obligation, Fiscal Year Maturity Schedule

As of December 31, 2022, the future minimum commitments related to these purchase contracts were as follows:

 

(In thousands)

 

2023

 

 

2024

 

 

2025

 

 

2026

 

 

2027

 

 

Thereafter

 

Coal(a)

 

$

23,886

 

 

$

17,104

 

 

$

7,782

 

 

$

2,868

 

 

$

 

 

$

 

Natural gas

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Transportation and storage(b)

 

 

25,446

 

 

 

25,446

 

 

 

25,446

 

 

 

14,736

 

 

 

1,892

 

 

 

10,549

 

Supply(c)

 

 

30,778

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase power(d)

 

 

5,513

 

 

 

5,623

 

 

 

5,735

 

 

 

5,850

 

 

 

5,967

 

 

 

266

 

Renewable energy(e)

 

 

25,024

 

 

 

2,025

 

 

 

2,040

 

 

 

2,056

 

 

 

2,072

 

 

 

26,592

 

Other

 

 

6,105

 

 

 

2,224

 

 

 

350

 

 

 

359

 

 

 

108

 

 

 

689

 

 

 

$

116,752

 

 

$

52,422

 

 

$

41,353

 

 

$

25,869

 

 

$

10,039

 

 

$

38,096

 

 

(a)
Total coal commitments for MGE's share of the Columbia and Elm Road Units, including transportation. Fuel procurement for MGE's jointly owned Columbia and Elm Road Units is handled by WPL and WEPCO, respectively, who are the operators of those facilities.
(b)
MGE's natural gas transportation and storage contracts require fixed monthly payments for firm supply pipeline transportation and storage capacity. The pricing components of the fixed monthly payments for the transportation and storage contracts are approved by FERC but may be subject to change.
(c)
These commitments include market-based pricing.
(d)
MGE has a purchase power agreement to help meet future electric supply requirements.
(e)
Operational commitments for solar and wind facilities.
Other Commitments

MGE has several other commitments related to various projects. Payments for these commitments are expected to be as follows:

 

(In thousands)

 

2023

 

 

2024

 

 

2025

 

 

2026

 

 

2027

 

 

Thereafter

 

Other commitments

 

$

333

 

 

$

333

 

 

$

333

 

 

$

333

 

 

$

333

 

 

$

2,332