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Fair Value of Financial Instruments (Details-4) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance, $ (64,628) $ (72,346)
Realized and unrealized gains (losses):    
Included in regulatory liabilities (assets) 5,831 2,748
Included in other comprehensive income 0 0
Included in earnings 6,634 [1] (1,148) [1]
Included in current assets (53) 0
Purchases 6,859 5,562
Sales (60) (3)
Issuances 0 0
Settlements (13,380) (4,411)
Transfers in and/or out of level 3 0 0
Ending balance, (58,797) (69,598)
Total gains (losses) included in earnings attributed to the change in unrealized gains (losses) related to assets and liabilities 0 [1] 0 [1]
Purchased Power Expense [Member]
   
Realized and unrealized gains (losses):    
Included in earnings $ 6,634 [1] $ (1,148) [1]
[1]

MGE's exchange-traded derivative contracts, over-the-counter party transactions, ten-year purchased power agreement, and FTRs are subject to regulatory deferral. These derivatives are therefore marked to fair value and are offset with a corresponding regulatory asset or liability.