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Fair Value of Financial Instruments (Details-4) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Beginning balance $ (64,628)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue $ (72,346)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue $ (40,661)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
Realized and unrealized gains (losses):      
Included in regulatory liabilities (assets) 10,642mgee_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInRegulatoryLiabilitiesAssets 7,718mgee_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInRegulatoryLiabilitiesAssets (31,685)mgee_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInRegulatoryLiabilitiesAssets
Included in other comprehensive income 0us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome 0us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome 0us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome
Included in earnings 5,129us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings [1] (2,618)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings [1] (5,005)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings [1]
Included in current assets 0mgee_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInCurrentAssets (108)mgee_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInCurrentAssets 0mgee_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInCurrentAssets
Purchases 26,382us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases 23,726us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases 13,370us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
Sales (125)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales (2)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales 92us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales
Issuances 0us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues 0us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues 0us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
Settlements (31,386)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements (20,998)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements (8,457)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
Transfers in and/or out of Level 3 0us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet 0us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet 0us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
Ending balance (53,986)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue (64,628)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue (72,346)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
Total gains (losses) included in earnings attributed to the change in unrealized gains (losses) related to assets and liabilities 0us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss [1] 0us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss [1] 0us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss [1]
Purchased Power Expense [Member]      
Realized and unrealized gains (losses):      
Included in earnings 5,137us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
/ mgee_FairValueByIncomeStatementGroupingDisclosureItemAmountsAxis
= mgee_PurchasedPowerExpenseMember
[1] (2,618)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
/ mgee_FairValueByIncomeStatementGroupingDisclosureItemAmountsAxis
= mgee_PurchasedPowerExpenseMember
[1] (5,005)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
/ mgee_FairValueByIncomeStatementGroupingDisclosureItemAmountsAxis
= mgee_PurchasedPowerExpenseMember
[1]
Cost Of Gas Sold Expense [Member]      
Realized and unrealized gains (losses):      
Included in earnings $ (8)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
/ mgee_FairValueByIncomeStatementGroupingDisclosureItemAmountsAxis
= mgee_CostOfGasSoldExpenseMember
[1] $ 0us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
/ mgee_FairValueByIncomeStatementGroupingDisclosureItemAmountsAxis
= mgee_CostOfGasSoldExpenseMember
[1] $ 0us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
/ mgee_FairValueByIncomeStatementGroupingDisclosureItemAmountsAxis
= mgee_CostOfGasSoldExpenseMember
[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 in the financial statements with a corresponding regulatory asset or liability.