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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 53,058 $ 23,481
Accounts receivable, less reserves 39,177 40,482
Other accounts receivables, less reserves 9,828 7,940
Unbilled revenues 20,029 25,899
Materials and supplies, at average cost 33,608 26,287
Fuel for electric generation, at average cost 5,793 8,358
Stored natural gas, at average cost 10,022 10,637
Prepaid taxes 11,759 16,892
Regulatory assets - current 7,845 11,432
Other current assets 8,814 10,233
Total Current Assets 199,933 181,641
Other long-term receivables 1,662 1,811
Regulatory assets 126,929 134,314
Pension benefit asset 21,848 13,630
Other deferred assets and other 18,087 19,093
Property, Plant, and Equipment:    
Property, plant, and equipment, net 1,536,567 1,530,199
Construction work in progress 197,594 112,484
Total Property, Plant, and Equipment 1,734,161 1,642,683
Investments 93,106 88,492
Total Assets 2,195,726 2,081,664
Current Liabilities:    
Long-term debt due within one year 19,742 19,659
Accounts payable 56,054 55,161
Accrued interest and taxes 5,789 7,244
Accrued payroll related items 11,625 12,752
Regulatory liabilities - current 3,585 9,228
Derivative liabilities 9,640 10,100
Other current liabilities 9,045 14,676
Total Current Liabilities 115,480 128,820
Other Credits:    
Deferred income taxes 253,411 243,302
Investment tax credit - deferred 2,692 763
Regulatory liabilities 171,637 164,965
Accrued pension and other postretirement benefits 68,632 68,665
Derivative liabilities 6,340 15,340
Finance lease liabilities 17,795 17,379
Other deferred liabilities and other 65,772 63,013
Total Other Credits 586,279 573,427
Capitalization:    
Common shareholders equity 973,584 855,676
Long-term debt 520,383 523,741
Total Capitalization 1,493,967 1,379,417
Commitments and contingencies (see Footnote 8)
Total Liabilities and Capitalization 2,195,726 2,081,664
MGE [Member]    
Current Assets:    
Cash and cash equivalents 5,171 3,196
Accounts receivable, less reserves 39,177 40,482
Affiliate receivables 530 530
Other accounts receivables, less reserves 9,824 7,936
Unbilled revenues 20,029 25,899
Materials and supplies, at average cost 33,608 26,287
Fuel for electric generation, at average cost 5,793 8,358
Stored natural gas, at average cost 10,022 10,637
Prepaid taxes 12,373 15,463
Regulatory assets - current 7,845 11,432
Other current assets 8,746 10,065
Total Current Assets 153,118 160,285
Affiliate receivable long-term 2,251 2,648
Regulatory assets 126,929 134,314
Pension benefit asset 21,848 13,630
Other deferred assets and other 18,509 19,680
Property, Plant, and Equipment:    
Property, plant, and equipment, net 1,536,595 1,530,227
Construction work in progress 197,594 112,484
Total Property, Plant, and Equipment 1,734,189 1,642,711
Investments 461 209
Total Assets 2,057,305 1,973,477
Current Liabilities:    
Long-term debt due within one year 19,742 19,659
Accounts payable 56,035 54,845
Accrued interest and taxes 8,602 8,754
Accrued payroll related items 11,625 12,752
Regulatory liabilities - current 3,585 9,228
Derivative liabilities 9,640 10,100
Other current liabilities 9,048 12,683
Total Current Liabilities 118,277 128,021
Other Credits:    
Deferred income taxes 223,021 214,041
Investment tax credit - deferred 2,692 763
Regulatory liabilities 171,637 164,965
Accrued pension and other postretirement benefits 68,632 68,665
Derivative liabilities 6,340 15,340
Finance lease liabilities 17,795 17,379
Other deferred liabilities and other 65,748 62,973
Total Other Credits 555,865 544,126
Capitalization:    
Common shareholders equity 721,723 637,286
Noncontrolling interest 141,057 140,303
Total Equity 862,780 777,589
Long-term debt 520,383 523,741
Total Capitalization 1,383,163 1,301,330
Commitments and contingencies (see Footnote 8)
Total Liabilities and Capitalization $ 2,057,305 $ 1,973,477