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Consolidated Balance Sheets - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 83,102,000 $ 107,952,000
Accounts receivable, less reserves 43,593,000 42,299,000
Other accounts receivables, less reserves 6,262,000 9,440,000
Unbilled revenues 28,243,000 31,400,000
Materials and supplies, at average cost 24,093,000 22,614,000
Fuel for electric generation, at average cost 6,599,000 8,256,000
Stored natural gas, at average cost 11,303,000 12,923,000
Prepaid taxes 16,215,000 26,535,000
Regulatory assets - current 9,477,000 7,888,000
Assets held for sale 3,080,000 8,817,000
Other current assets 8,593,000 12,507,000
Total Current Assets 240,560,000 290,631,000
Other long-term receivables 2,709,000 4,788,000
Regulatory assets 145,424,000 142,567,000
Pension and other postretirement benefit asset 0 7,336,000
Other deferred assets and other 12,488,000 731,000
Property, Plant, and Equipment:    
Property, plant, and equipment, net 1,369,766,000 1,283,313,000
Construction work in progress 139,671,000 58,044,000
Total Property, Plant, and Equipment 1,509,437,000 1,341,357,000
Investments 78,000,000 67,772,000
Total Assets 1,988,618,000 1,855,182,000
Current Liabilities:    
Long-term debt due within one year 4,553,000 24,452,000
Short-term debt [1] 13,000,000 4,000,000
Accounts payable 46,158,000 47,645,000
Accrued interest and taxes 7,384,000 5,602,000
Accrued payroll related items 13,044,000 12,244,000
Regulatory liabilities - current 13,826,000 5,633,000
Derivative liabilities 8,550,000 8,180,000
Other current liabilities 14,113,000 18,758,000
Total Current Liabilities 120,628,000 126,514,000
Other Credits:    
Deferred income taxes 231,952,000 225,130,000
Investment tax credit - deferred 818,000 918,000
Regulatory liabilities 165,638,000 154,153,000
Accrued pension and other postretirement benefits 67,483,000 69,088,000
Derivative liabilities 23,980,000 33,990,000
Other deferred liabilities and other 68,132,000 69,041,000
Total Other Credits 558,003,000 552,320,000
Common shareholders' equity:    
Common stock 34,668,000 34,668,000
Additional paid-in capital 316,268,000 316,268,000
Retained earnings 465,708,000 426,874,000
Accumulated other comprehensive income, net of tax 0 377,000
Total Common Shareholders' Equity 816,644,000 778,187,000
Long-term debt 493,343,000 398,161,000
Total Capitalization 1,309,987,000 1,176,348,000
Commitments and contingencies (see Footnote 17)
Total Liabilities and Capitalization 1,988,618,000 1,855,182,000
MGE [Member]    
Current Assets:    
Cash and cash equivalents 4,843,000 5,951,000
Accounts receivable, less reserves 43,593,000 42,299,000
Affiliate receivables 621,000 668,000
Other accounts receivables, less reserves 6,111,000 6,984,000
Unbilled revenues 28,243,000 31,400,000
Materials and supplies, at average cost 24,093,000 22,614,000
Fuel for electric generation, at average cost 6,599,000 8,256,000
Stored natural gas, at average cost 11,303,000 12,923,000
Prepaid taxes 15,790,000 25,073,000
Regulatory assets - current 9,477,000 7,888,000
Assets held for sale 3,080,000 8,817,000
Other current assets 8,541,000 12,484,000
Total Current Assets 162,294,000 185,357,000
Affiliate receivable long-term 3,177,000 3,707,000
Regulatory assets 145,424,000 142,567,000
Pension and other postretirement benefit asset 0 7,336,000
Other deferred assets and other 14,142,000 3,280,000
Property, Plant, and Equipment:    
Property, plant, and equipment, net 1,369,795,000 1,283,341,000
Construction work in progress 139,671,000 58,044,000
Total Property, Plant, and Equipment 1,509,466,000 1,341,385,000
Investments 388,000 409,000
Total Assets 1,834,891,000 1,684,041,000
Current Liabilities:    
Long-term debt due within one year 4,553,000 24,452,000
Short-term debt 13,000,000 4,000,000
Accounts payable 46,165,000 47,614,000
Accrued interest and taxes 10,319,000 5,558,000
Accrued payroll related items 13,044,000 12,244,000
Regulatory liabilities - current 13,826,000 5,633,000
Derivative liabilities 8,550,000 8,180,000
Other current liabilities 11,614,000 16,749,000
Total Current Liabilities 121,071,000 124,430,000
Other Credits:    
Deferred income taxes 204,616,000 201,486,000
Investment tax credit - deferred 818,000 918,000
Regulatory liabilities 165,638,000 154,153,000
Accrued pension and other postretirement benefits 67,483,000 69,088,000
Derivative liabilities 23,980,000 33,990,000
Other deferred liabilities and other 68,132,000 69,041,000
Total Other Credits 530,667,000 528,676,000
Common shareholders' equity:    
Common stock 17,348,000 17,348,000
Additional paid-in capital 192,417,000 192,417,000
Retained earnings 338,591,000 282,135,000
Accumulated other comprehensive income, net of tax 0 (28,000)
Total Common Shareholders' Equity 548,356,000 491,872,000
Noncontrolling interest 141,454,000 140,902,000
Total Equity 689,810,000 632,774,000
Long-term debt 493,343,000 398,161,000
Total Capitalization 1,183,153,000 1,030,935,000
Commitments and contingencies (see Footnote 17)
Total Liabilities and Capitalization $ 1,834,891,000 $ 1,684,041,000
[1]

MGE Energy short-term borrowings include MGE Energy and MGE lines of credit and MGE commercial paper.