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Fair Value of Financial Instruments (Details-2) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Liabilities:    
Derivative, right to reclaim collateral $ 3,000 $ 5,400
Recurring [Member]    
Assets:    
Derivative assets, net [1] 502 598
Exchange-traded investments 2,087 2,034
Total Assets 2,589 2,632
Liabilities:    
Derivative liabilities, net [1] 3,511 5,824
Deferred compensation 5,629 5,246
Total liabilities 9,140 11,070
Recurring [Member] | Level 1 [Member]    
Assets:    
Derivative assets, net [1] 373 352
Exchange-traded investments 2,087 2,034
Total Assets 2,460 2,386
Liabilities:    
Derivative liabilities, net [1] 1,656 2,974
Deferred compensation 0 0
Total liabilities 1,656 2,974
Recurring [Member] | Level 2 [Member]    
Assets:    
Derivative assets, net [1] 0 0
Exchange-traded investments 0 0
Total Assets 0 0
Liabilities:    
Derivative liabilities, net [1] 0 0
Deferred compensation 5,629 5,246
Total liabilities 5,629 5,246
Recurring [Member] | Level 3 [Member]    
Assets:    
Derivative assets, net [1] 129 246
Exchange-traded investments 0 0
Total Assets 129 246
Liabilities:    
Derivative liabilities, net [1] 1,855 2,850
Deferred compensation 0 0
Total liabilities 1,855 2,850
MGE [Member] | Recurring [Member]    
Assets:    
Derivative assets, net [1] 502 598
Exchange-traded investments 59 60
Total Assets 561 658
Liabilities:    
Derivative liabilities, net [1] 3,511 5,824
Deferred compensation 5,629 5,246
Total liabilities 9,140 11,070
MGE [Member] | Recurring [Member] | Level 1 [Member]    
Assets:    
Derivative assets, net [1] 373 352
Exchange-traded investments 59 60
Total Assets 432 412
Liabilities:    
Derivative liabilities, net [1] 1,656 2,974
Deferred compensation 0 0
Total liabilities 1,656 2,974
MGE [Member] | Recurring [Member] | Level 2 [Member]    
Assets:    
Derivative assets, net [1] 0 0
Exchange-traded investments 0 0
Total Assets 0 0
Liabilities:    
Derivative liabilities, net [1] 0 0
Deferred compensation 5,629 5,246
Total liabilities 5,629 5,246
MGE [Member] | Recurring [Member] | Level 3 [Member]    
Assets:    
Derivative assets, net [1] 129 246
Exchange-traded investments 0 0
Total Assets 129 246
Liabilities:    
Derivative liabilities, net [1] 1,855 2,850
Deferred compensation 0 0
Total liabilities $ 1,855 $ 2,850
[1] As of March 31, 2024, and December 31, 2023, collateral of $3.0 million and $5.4 million, respectively, was posted against and netted with derivative liability positions on the consolidated balance sheets. The fair value of the derivative liability disclosed in this table has not been reduced for the collateral posted.