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Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2020
Commitments and Contingencies Disclosure [Abstract]  
Purchase Contracts, Fiscal Year Maturity Schedule The following table shows future commitments related to purchase contracts as of June 30, 2020:

 

(In thousands)

 

2020

 

2021

 

2022

 

2023

 

2024

 

Thereafter

 

 

Natural gas

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Transportation and storage(a)

 

10,254

 

21,854

 

22,008

 

22,008

 

22,008

 

36,603

 

 

Supply(b)

 

8,894

 

10,891

 

-

 

-

 

-

 

-

 

 

 

$

19,148

$

32,745

$

22,008

$

22,008

$

22,008

$

36,603

 

 

(a)MGE's natural gas transportation and storage contracts require fixed monthly payments for firm supply pipeline transportation and storage capacity. The pricing components of the fixed monthly payments for the transportation and storage contracts are established by FERC but may be subject to change.

 

(b)These commitments include market-based pricing.