XML 130 R58.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Property, Plant, and Equipment (Details)
12 Months Ended
Dec. 31, 2019
USD ($)
Turbines
MW
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Property, Plant and Equipment [Line Items]      
In-service utility plant, net $ 1,530,199,000 $ 1,369,766,000  
Construction work in progress 112,484,000 139,671,000  
Total property, plant, and equipment 1,642,683,000 1,509,437,000  
Assets Held For Sale      
Assets held for sale 0 3,080,000  
Allowance for Funds Used During Construction      
AFUDC equity recognized $ 2,300,000 $ 3,300,000 $ 1,200,000
PSCW [Member]      
Allowance for Funds Used During Construction      
Authorized AFUDC rate 50.00% 50.00% 50.00%
Authorized AFUDC rate - Signficiant projects (100%) 100.00% 100.00% 100.00%
Saratoga Wind [Member]      
Saratoga Wind [Abstract]      
Saratoga Megawatts | MW 66    
Saratoga Turbines | Turbines 33    
Saratoga Wind Project Costs $ 107,900,000    
Allowance for Funds Used During Construction      
AFUDC equity recognized $ 4,100,000    
Saratoga Wind [Member] | PSCW [Member]      
Allowance for Funds Used During Construction      
Authorized AFUDC rate - Signficiant projects (100%) 100.00%    
First Mortgage Bonds [Member] | 7.70%, 2028 Series      
Plant related debt items      
Long-term debt, gross [1] $ 1,200,000 $ 1,200,000  
Regulated [Member]      
Property, Plant and Equipment [Line Items]      
In-service utility plant, gross 1,952,807,000 1,753,002,000  
Less: Accumulated depreciation and amortization [2] 674,251,000 639,486,000  
In-service utility plant, net 1,278,556,000 1,113,516,000  
Construction work in progress [2],[3],[4] 111,707,000 138,663,000  
Electric [Member] | Regulated [Member]      
Property, Plant and Equipment [Line Items]      
In-service utility plant, gross [2],[4] 1,480,684,000 1,310,421,000  
Gas [Member] | Regulated [Member]      
Property, Plant and Equipment [Line Items]      
In-service utility plant, gross 472,123,000 442,581,000  
Non Regulated Energy [Member] | Non-regulated [Member]      
Property, Plant and Equipment [Line Items]      
In-service utility plant, gross 323,266,000 322,855,000  
Less: Accumulated depreciation and amortization 71,623,000 66,605,000  
In-service utility plant, net 251,643,000 256,250,000  
Construction work in progress 777,000 1,008,000  
MGE [Member]      
Property, Plant and Equipment [Line Items]      
In-service utility plant, net 1,530,227,000 1,369,795,000  
Construction work in progress 112,484,000 139,671,000  
Total property, plant, and equipment 1,642,711,000 1,509,466,000  
Assets Held For Sale      
Assets held for sale 0 3,080,000  
MGE [Member] | Regulated [Member]      
Property, Plant and Equipment [Line Items]      
In-service utility plant, gross 1,952,835,000 1,753,031,000  
Less: Accumulated depreciation and amortization [2] 674,251,000 639,486,000  
In-service utility plant, net 1,278,584,000 1,113,545,000  
Construction work in progress [2],[3],[4] 111,707,000 138,663,000  
MGE [Member] | Electric [Member] | Regulated [Member]      
Property, Plant and Equipment [Line Items]      
In-service utility plant, gross [2],[4] 1,480,701,000 1,310,438,000  
MGE [Member] | Gas [Member] | Regulated [Member]      
Property, Plant and Equipment [Line Items]      
In-service utility plant, gross 472,134,000 442,593,000  
MGE [Member] | Non Regulated Energy [Member] | Non-regulated [Member]      
Property, Plant and Equipment [Line Items]      
In-service utility plant, gross 323,266,000 322,855,000  
Less: Accumulated depreciation and amortization 71,623,000 66,605,000  
In-service utility plant, net 251,643,000 256,250,000  
Construction work in progress $ 777,000 $ 1,008,000  
[1] MGE's utility plant is subject to the lien of its Indenture of Mortgage and Deed of Trust, under which its first mortgage bonds are issued. The Mortgage Indenture provides that dividends or any other distribution or purchase of MGE shares may not be made if the aggregate amount thereof since December 31, 1945, would exceed the earned surplus (retained earnings) accumulated subsequent to December 31, 1945. As of December 31, 2019, approximately $465.2 million was available for the payment of dividends under this covenant.
[2] As of December 31, 2018, MGE has classified $3.1 million of Columbia assets as held-for-sale on the consolidated balance sheets related to the partial sale of plant assets to WPL. See Footnote 6.a. for further discussion.
[3] 2019 includes construction expenditures for Badger Hollow I and Two Creeks. See Footnote 6 for further information.
[4] In December 2017, the PSCW authorized construction of a 66 MW wind farm, consisting of 33 turbines, located near Saratoga, Iowa. The project was placed in service in February 2019. Total capitalized expenditures of the project were $107.9 million,including $4.1 million of AFUDC. MGE received specific approval to recover 100% AFUDC on the project.